1) CPC Programs
CPC Programs are a great means of making money online with blogging. Usually people use blogging for personal use, however you can make good money with blogging. For this purpose you can use many ways to earn income and make money. The most famous way is CPC advertising programs. The CPC programs are not only famous but also they are powerful and good for having income. The blog has no age-limit for such ads, and doesn’t matter that traffic comes to your blog or not. If you have no traffic you can still have CPC ads on your blog. CPC programs are suitable for blogs because of the fact that they present contextual ads and they can merge into the blog quite well.
You can earn upto 50 cents per click on a blog depending on the context and keyword value for which the ad is displayed. Sometimes you get only 1 cent, but again this is your fault, not the fault of CPC. So please do a research on keywords before you proceed towards making money. Google Adsense and other programs such as Adbrite and Yahoo are considered good CPC programs.
The problem with Yahoo is that it is available only to the U.S. residents, so the people residing outside USA have nothing to do with it. Please note that CPC programs don’t pay for page impressions, they pay for a click.
2) Make money for page impressions:
A web poll is a question which is asked from the visitors of a website and there are some options with it. You can make money with hosting such a web poll and you will be paid money per one thousand impressions (CPM). Vizuanswer.com is presenting such polls for you and you can make money with them. One thousand page impressions are nothing for a high-traffic blog. It is also a good choice if you have good number of visitors daily visiting your blog.
3) Affiliate Programs
You can now try to make money online with affiliate programs also. Affiliate Programs are very effective to earn income by blogging. You can easily participate in any online affiliate program by signing up with some company on their website.
You can then use company’s banners and text ads promoting its products and services. Earning affiliate commission becomes easy when a visitor makes a purchase from the company after coming to your site and then clicking the ad of that company on your blog. You have certain amount per a purchase or a certain percentage of the amount a user transfer’s to the account of that company.
4) CPA Programs:
You can also make money online with blogging by using CPA programs. CPA or cost-per-action-programs are similar to CPC programs but they don’t pay for each click. If the visitor goes to the website of the advertiser and takes some action, for example, he buys something or registers/signs up then you get paid. The action can be something else like downloading something or generating a lead etc. CPA is better than CPC because you get paid much than CPC, but if the users doesn’t act as desired, your income is zero. 
The blogger can earn not in cents but in dollars if using CPA programs. You can try Commission Junction(cj.com), AzoogleAds(AzoogleAds.com) or Advertising.Com for this purpose, but the problem is they support only large traffic blogs.
5) Sales of Text Link Ads: This is another way of making money online, but before entering such a program, please consider the policies of blogger or the free host (only if your blog is on some free host), and abide by those policies.
You can try text-link-ads.com or reverselinks.com for this purpose. Just sign up there and start selling text link ads. It’s easy to do
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6) Earn per post
The pay per post programs are new in the industry but still good to make money online with blogging. There are some websites which have customers who want to promote their product, website or services.
Usually you get at least 5$ or more per post which is called sponsor post. Blogs having good real traffic, good SEO rank and a large number of visitors / followers / subscribers can get even more than a hundred dollar per a sponsor post. You can try reviewme.com and payperpost.com as leading pay per post programs over the internet.
You have to be careful here. The problem with participating in this kind of blogging can be negative for your traffic. So choose only the products which relate to your blog. If you ignore this, users will start ignoring your blog. Please also note that having only promotional material is always considered negative. Usually a blog is considered to be informative rather than promotional, so you have to be aware of this fact and participate as less as possible.
