DON'T SPEND A DIME. Read up, starting from the stickied and starred threads. Download some free shares from the download section, read, listen to/watch the videos. Go to youtube, study additional tutorial videos on IM.
Now pick a major method or two (microniche sites, offline web consulting, freelancing, ebay wholesaling, CPA etc) and head for the bunny hill. Buy a domain and hosting plan, or set up a free blogger or free hosting account, and implement setting up a monetized blog from start to finish. When you have that under your belt, repeat a couple of times, then you can scale up, outsource, arbitrage or anything in between. Spend money when you have the knowledge to make money with it.