Monetizing my blog

Well I posted on the Digital Points forum on how to get money from blogging, because you know that would help with my debt. I have heard of bloggers making a lot of money from their blogs! I want to remain really useful for my readers, so I will never take it to the extreme, but an extra $100 a month would really help me right now.

Judging from my responses, there are a lot of conflicting opinions out there!

Here are some of the replies I received to my question of "Where to start for getting PR and money?"

"Start with claiming your blog in Technorati. That'll get them crawling it. Go ahead and ad adsense and any other ad stuff you want as most will tell you that doing it from the get go is better than dropping it in after you've been blogging for a year.
Try and get your site added to as many directories as you can. dmoz.org is the most popular, but be careful to not spam it and put your blog in a fitting category.
Use a service like pingoat.com to ping as many services as you can each time you do a post. If you are posting more than once a day, only use the service once per day, so use it after your last post of the day.
Most of all, be patient. Unless you're the next Mike Arrington, you probably will be a little guy for quite a while. Don't expect 1000's of visits anytime soon, but the more you post and the better you get at it, the more hits you will get and the more returning readers you will have." (link to his profile: http://forums.digitalpoint.com/member.php?u=54096)

"I have the opposite strategy. Don't monetize early on if you're seriously interested in making your blog popular and familiar with many. If you're getting less than 1000+ uniques a day, you won't make much from Adsense anyway.

Try buying links to build up your PR. Sell text links for money. I think sponsored posts won't look good on your blog if you're aiming for the very top too. Text link sales should be fine though." (link to their profile: http://forums.digitalpoint.com/member.php?u=48953)

"Just keep creating quality post, build links and don't worry about making money right away. Success will come as you page rank and popularity grow." (link to their profile: http://forums.digitalpoint.com/showthread.php?t=240400)

I hope maybe these responses will help you too, if you are trying to make your blog the best it can be in order to make a little extra money off of it.

I would like to ask for your tips, and also how you feel about making money off your blog, even if you feel negatively about it I would like to hear why! Thanks!