I recently came across a great way to get more traffic to your blog! Entrecard gives you credits for looking at other people's blogs. You go to their blog and "drop" your card on their Entrecard banner (placed on their blog). When you have collected enough credits you can buy an advertising spot on other blogs with your credits. Other Entrecard users can also buy an advertising spot on YOUR blog as well (which helps you build your credits, too!). I've noticed a great spike in my traffic since joining Entrecard. It's fun and easy to do!
Also, I've begun making a Squidoo Lens on how to make money with your blog. I do hope you will check it out! Make Money Blogging