Not to sound to (newbie) but be there a site or article that could explain ad words in detail, maybe a description and pros and cons.
I actually don't know why it is called an adword. But from my research on the web regarding adwords and success vs. failure, there seem to be more people having poor success with adwords than actually making money. I would be careful with adwords. Set your daily budget very low and see if you generate a ROI.
Look on google do several seaches for Adwords review, adwords article, adwords pro and cons... google is helpful
You need to have something to sell, whether that's a service, goods or you act as an affiliate and get commission; before Adwords is worth considering, I would say, anyway. It can bring in business you wouldn't otherwise get by extending your internet reach further using the Adsense advertising network, however, it can also drain funds at a phenomenal rate if you aren't careful in your choice of keywords and pricing strategy. The best approach is to begin with a few specific keyword phrases you know are related to your niche, whatever that might be, and go with the minimum bid until you get used to handling the account. After that you can increase your bids and expand your keyword range.