Primarily Stick With Your Adwords Budget
If you want to make money with adwords then you have to know how to stick to your daily budget. Change your daily budget to 10 times more than what you plan to spend. When you are getting sales and making some money then consider increasing your budget. Bid for the #1 spot to get much more clicks for that keyword. Additional clicks exposes your ad to more consumers and hence increased scope of sales. You may also try to bid at #2 or #3 spots to have lesser number of clicks but lessen your expenses. Often #2 or #3 positions might get a greater ROI. Abide by these methods and you are going to end up with making very good money with adwords.