Personally, if you have the resources I would go for the second option. Not only does this tell readers who you are and if they’re in the right place. But it also gives you a chance to show social proof (that other people have recognized you as a thought leader). Of course, you might not have this right away, so it’s perfectly fine to just go with the first option.
With Bluehost, there are three hosting options to choose from, Basic for $2.95/month, or Plus or Prime for $5.45/month — these prices are only available through my link, normally it's $3.95 and $5.95 a month) If you have the funds, I’d suggest going with the Plus Plan, because you get more unlimited features; and as your website grows you can switch to a more robust plan.
There is so much about this article that I found useful and engaging Yaro, but the point that I resonated with most was the focus on conversions not traffic. That is the mindset crucial for income, and that income can come more easily and consistently from a smaller group of loyal followers who also refer, than from numerous hits from fringe tire kickers just clicking around the internet for fun.

6. IZEA – IZEA works in addition to a blog or on its own. You get paid to blog, tweet, take photos and take videos. The pay is mostly based on your following, so if you want to make money with your tweets, you’ll need to grow you Twitter following.  Likewise, if you want to make money with blogs, you’ll need substantial blog traffic (more on blogging below).
Selling private ads can come in the form of banners, buttons, or links. You can even make money writing sponsored posts where you write about or give a review of an advertiser’s product or service. Another option is to write an underwritten post or series, which is where you can write about any topic, but the advertiser pays for a “Brought to you by” mention in the content.
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