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To begin with the basic, Blog is an online diary or a journal mostly used and run by individual but is also now being used by organisations and companies.
Blogging is an act of writing a post for a blog. But now a days, blogs have become a genuined source of full time income for individuals. It has also become a tool for business owners to market their product or service.
You can use a blog to share your opinions, knowledge and even expertise. If you can offer valuable content to read to your visitors then you can certainly end up making decent money as well.