The right way is obviously not to fall in the trap. There are a lot of websites that advertise to pay you a good amount if you register with them. They will entice you with copies of paycheques through which many people think that they have landed in the right place. Beware of those sites. I would say blogging is not outdated but there is fierce competition and you will find many bloggers finding it hard to earn some bucks.
Podcasting is something new that you can try and as long as there is less competition you can earn something from there. If you are a good writer you may think of content writing, you can think of affiliate marketing also though there is a little investment in the beginning because you need your own website for that. Whatever you do, be cautious. Do not initiate a transaction with fictitious websites.
"Life is easier when you enjoy what you do"