If you are trying to earn a bit of cash to pay for your hosting fees or simply for the amount of time you spend blogging then you may want to consider hosting sponsored posts on your blog.
In this post I will discuss how you decide to qualify those URL links to other sites. That is, how and why you assign particular attributes to a link. This is most important if you have been paid to publish the post where the link appears.
If your blog is only a year old you may have to start with asking for lower fees to get yourself established. And I would certainly suggest doing a few free guest posts so you have work to link to in your email reply.