First we will make money by using free sites and tools. It won't be wise to invest a lot of money into something about which you don't have any idea. After when you have some experience and some money you have made online you can star thinking about buying a website or something like that. But for now let's stick with free :)
And the best free site for beginners is link shortener sites!
Before you start anything you might want to create a Paypal account. This will be where you recive the money you have earned.
Or check out the latest Online Money Making Post