There are many benefits to hosting your own website. Web hosting is the way of the future. Almost everyone you meet these days has some kind of website somewhere. There are several options available to you if you are planning to try your hand at web hosting.
You can get free web hosting service. Free web hosting service works basically just like standard web hosting. The difference is that with free web hosting, instead of paying a monthly fee, the service is offered free of charge with ads placed on your site. You usually do not get to choose the ads that will be placed on you site, so many web administrators prefer standard or dedicated web hosting service.
Standard web hosting allows a subscriber to use their server while sharing the service with other subscribers. Standard web hosting service will cost you a monthly fee. You do not have to put up with the ads as you would on a free web hosting server, but you may be limited in bandwidth.
A dedicated web hosting service provider is a bit more expensive than the standard service, but you do not have the inconvenience of sharing the server with other subscribers.
A few websites that can help you get started are http://www.bluehost.com/, http://www.hostmonster.com/, http://www.mckremie.com/. Anyone of these sites are a good place to begin when you are ready to begin hosting your own website.