If you are thinking of creating your own web site but do not have the budget to do so, it is possible to create your own web site with the cheapest ways available without breaking your bank account!
To create a web site requires 3 components as follows:

1. Domain name registration (this is the web site address that we use to locate a web site e.g. www.microsoft.com)

2. Web design for the site

3. Web hosting for the web site design

We’ll see how to create a web site with the lowest cost possible.

Register your domain with www.hostway.com or www.godaddy.com for under USD$10 per year. Sometimes you can get a domain cheaper whenever there is a promotion. Hostway.com offers one of the cheapest domain name registration services available online globally. Alternatively, you can register your own domain name with www.godaddy.com, the number 1 domain registrar in the world.

It is very simple to register a domain. Just go to www.hostway.com or www.godaddy.com and search for the domain that you want to see if it is available. If the domain name is not taken up, follow the on-screen instructions to buy the domain for yourself. You will need your debit or credit card to buy the domain.

For alternative payment modes, please check with the respective domain name registrar.

Now, it is time to create your web site design. The web design software nowadays offer you WYSISYG (What-You-See-Is-What-You-Get) mode of design. The most popular web authoring softwares are Microsoft FrontPage and Macromedia Dream weaver but they will charge a big amount.

Fortunately, there are many web design software available on the market now which are totally free to download and use for your web site. Some recommendations are http://www.nvu.com and http://www.evrsoft.com.. Download them, go through them and choose the one you prefer. If you want to learn more about HTML, go to http://www.w3schools.com for several online tutorials but it is not mandatory to do so now before you can start to design your web site. Or if you prefer, you can engage a professional web designer.

Now you need a web hosting plan to upload your web site design onto a web server so that people can locate your web site when they typed your domain name into a browser such as Internet Explorer, Firefox etc. There are many web hosting providers on the Internet if you do a search online. Free web hosting services available online is not advisable because they will create lots of trouble for you as you go along marketing your Internet business or web site. Also, it will look unprofessional for your web site with those sponsored ads all over your own web sites.

If cost is a major cost to you, you can try out this cheap web hosting (USD$1.00 per month) company http://www.3ix.org/sys/aff.php?aff=1768. Alternatively, if you are looking for value-for-money hosting, then visit http://www.bluehost.com/track/donaldlim/goart.If you need free and quality graphics/images for use on your web site, go to http://www.sxc.hu

To shorten the development process, go to http://www.dynamicdrive.com where you find free scripts that you can use on your web site.

Lastly, if you need to accept online credit card payments but you do not have the budget to get a merchant account, you can try http://www.paypal.com, an online payment gateway trusted by more than 100 millions worldwide.

The resources above will easily save a few hundred dollars for your startup costs for your new web site.