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OP - There are a lot of reasons to blog and a lot of opportunities to monetize your blog. Are you thinking about going with ads or affiliate links or something else? Heck, you could even just accept donations and sponsorships of your posts.
I think the important thing is not to bog just for money. You should blog about what you're passionate about so that your enthusiasm for the topic comes out in all your prose. If you continue to do that, you'll continue to grow a reliable readership and continue to increase your monetization opportunities.
The route I'm taking for optimization is one of showing my skills and offering services. If you can become an expert on a domain through your blog posts and blog offerings, that's when you can really make the buco bucks from becoming a "consultant."
Good luck with your decision!
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