This is why, when I get a web server for a project I pre-pay for a year rather than going month to month. If after 3 months I get bored of the project, or discouraged, I can just leave it alone to go on autopilot for the rest of the year- rather than seeing that charge on my credit card every month.
I am thinking of setting a server in Amazon AWS for this purpose too. Once I completed the low traffic/CPU utilization projects, I move it to AWS, reserved instance are cheap for 3 years and domains is only like $8 per year. Very affordable.
Wow - I had never done the math before but a reserved micro instance works out to $7.39 a month (not counting future price decreases) for 3 years. That's a great idea, thanks!