If you're a webmaster, then you have got a way to cut your cost in buying hosting by using Blogger's free hosting.
It just costs 10$ for buying a domain and developing it.
There is no need of buying cPanels etc for creating a website, although it costs too much to do that. You can simply try Blogger's free hosting service which is really reliable.
Procedure
First, you create a blog with blogger.
Then, in it's settings, under Publishing tab, choose custom domain.
That's it.
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