1. Name registration: ($10)
2. Hosting  (25-50$)
3. Google Adwords expenses (minimum estimated 250$)
4. Product creation (starting at 500$)
5. Credit card processing fee (clickbank, 50$)
6. Tools and Info Products (almost all can be done with free tools, but you will trade of time and money).

If you are cash challenged, there are fr:ee alternatives to most of them that can help you to keep the costs down.
But keep in mind that your will be building a business, and that they are not expenses, but investment.
Once your site starts selling you will be able to cover your costs.
All this will be paid by credit card over the net, so you will need one that is accepted internationally.

Some of the costs are unavoidable like buying your own domain name. The product creation is the most expensive item and if you are really short of cash you can do this yourself, but it will really take your energy from learning other important things.
We will discuss the options for the cash challenged in the future.

It is also very important to understand the business model behind your niche site.
Once it is set up and running, your niche is a money multiplication business, you put in money, to get even more money.  And in most cases, a awful lot more :-)

Happy Underachieving!  
Juan Pablo

Next email: Setting Your Support System In Place.
PS:  Missing the previous post? Read it here
http://undiescafe.com/cms/index.php?option=com_content&task=view&id=26&Itemid=9