Every new blog that must stand the test of time should make provisions for:
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1. a good domain name/hosting
2. original content
3. good design/layout
4. email list building
5. etc
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You don't have to start blogging because a friend told you about the financial benefits that are inherent in the blogging career. If that is what motivated you, I am sorry, I won't advice you to go into blogging.
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Buy Only 3 Items And I'll Get You A Good Blog
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It starts with knowing your interests - those things you like reading/writing about. After that, here are the 3 things you'll then need to invest in:
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1. blog customization: with just N25'000, I'll give a professionally designed blog.
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2. domain name/hosting: your domain name + quality hosting will cost you N15,000/year. Your domain name will look like this: www.yourblog.com.
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3. email list building: I'll build your list for only N15,000. This is important for all types of blogs.
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Total cost: N55,000 Only.