VPS hosting is like you are living in an apartment complex. It means that other people are living in the same building, but you have your own secure apartment. You will get more room and restrictions will be fewer as compared to living in a dorm. It also means that if your neighbour is misbehaving, it is the problem of owner of building, not yours.
A longstanding company which won’t disappear overnight, and the low-level offers can safely accommodate projects of a smaller scale. Just keep in mind that you are on your own, even on a managed VPS service, as I wouldn’t rely too much on GoDaddy’s live assistance for anything. Indeed, the company knows how to cut a deal, but it knows equally well how to cut corners.
Now if you browse to your site you should see a "Welcome to WordPress" message and some instructions. Click "Let's Go!". The next screen asks for the database name, which you will find in Virtualmin > Edit Databases, and the username and password, which you will find in the Passwords tab by clicking the little key symbol. Click "Submit". If all is well, you can now fill in the site name, admin username and password to complete the installation and log in as an administrator.
Keep firmly in your mind the sort of assets that you require to serve your site(s) when seeking a host. Cost in a VPS is important, but not as key as you might think. VPS resource availability is scalable, so the cost that needs to be looked at is comparable cost from one host to the next. Also – as cPanel revised their pricing model recently, web hosting companies across the board will have to pass those costs on to users sooner or later. You will need to consider the cost of control panel when selecting a VPS plan. Companies like ScalaHosting has developed their own control panel to mitigate this issue – so their users would have little issues with the price hike.
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Hostinger provides a 6-tier plan for their VPS hosting services, which you can choose to fit the needs of your website. Their Plan 1 offers the basic specs with 1,000 GB (aka 1TB) of bandwidth, 20 GB of disk space, and about 1 GB of RAMs. If you want more, you can opt for Plan 6 which gives you a whopping 8 GB of RAM, 160 GB of disk space and 6,000 GB of bandwidth.
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