Hy krushizm: I have been doing well with a free website I run on weebly.com. The site is just called cheeky girls apartment, I won't link it here, don't wanna be spamming up the works. But it lets me put text, html, google adsense ads, wherever and in whatever way I like. Weebly has been adding tons of recent extra features to this site system they use, and I rate it to be the best on the internet, having been with 5 different "free" web site builders. It also features a blog page.
You are right, knowledge is power, and its great when it - like hub pages - costs nothing to join up, and build and develop, yet so great when the adsense checks start coming in. So I recommend you try that. As to what you want on the site, it's all down to you. I saw your profile, and you have some great hubs. Let me know if you'd like any further help or have questions, okay. Check out the site I have from my profile page, you'll find it down a ways.