Yes, there is money in blogging. When I decided to start a new blog I am not thinking of earning something out of it. However, when I was exploring some other blogs I noticed that they were actually earning. I saw Adgitize.com, where you will be paid for the articles that you read, forum participation and supporting their ads. Visit their site to learn how you could earn from blogging.
The exciting part is, I managed to earn $14.97. Here is the payment proof.