Now that I discovered the niche that I wanted to use I had to find a good domain name for that niche, grab it from a domain hoster and evaluate hosting options. I knew that I had to pay roughly $10 per year for the domain name and I decided to search for a host where I did not have to pay more than $5 per month. This would mean that I could operate the website for $70 per year which would be still under my budget, but since I want to achieve results in three months I did calculate $25 for hosting and domain for that time.