Tuesday, March 07, 2006
Making money!
... or how to survive in a materialistic world
I noticed a few times that sometimes people join the guild and shortly after start asking for someone to help them out financialy wether its a loan or donation. First thing, being high level does not automaticaly mean that person has accumulated a huge pile of gold sitting in the bank. Second, giving a loan to someone means you need to trust that person. In RL you could loan cash to your friends that you know for years, yet you probably won't give it to someone you just met in a bar or on the street. When you join a community such as a guild, you need to build up thrust before having such whishes. Third and final - making money in WoW is not all that hard and although not everyone knows HOW to do it, everyone CAN do it successfully with less work invested then you think. Nothing comes free and some work definitely has to be invested in the process. For those of you that just started out, and are broke and have no basic knowledge, instead of giving you the fish, I'm going to show you how to fish.
I noticed a few times that sometimes people join the guild and shortly after start asking for someone to help them out financialy wether its a loan or donation. First thing, being high level does not automaticaly mean that person has accumulated a huge pile of gold sitting in the bank. Second, giving a loan to someone means you need to trust that person. In RL you could loan cash to your friends that you know for years, yet you probably won't give it to someone you just met in a bar or on the street. When you join a community such as a guild, you need to build up thrust before having such whishes. Third and final - making money in WoW is not all that hard and although not everyone knows HOW to do it, everyone CAN do it successfully with less work invested then you think. Nothing comes free and some work definitely has to be invested in the process. For those of you that just started out, and are broke and have no basic knowledge, instead of giving you the fish, I'm going to show you how to fish.
- Dont spend cash on armor or weapons for the first 20 - 30 levels, unless you find a piece of equipment really dirt cheap, because you are going to outgrow things so fast that investing a considerable amount in them is throwing money out of the window. Get to business and do some quests, because many quest rewards at those levels are much better than anything you can buy.
- Take up a gathering profession, or even two gathering professions if you are in dire need (mining/skinning worked well for me). Any profession will work, but somehow I got the feeling that at the beginning most money can be made out of mining. Run arround your starting arrea and mine copper. You can sell a full stack of copper ore for 30-50 silver in the auction house, depending on the day. That means that if you are lucky, you can hit 1 gold by selling 2-3 stacks of copper ore. Stones you gather in the process also sell for decent money. That 1 gold piece doesn't seem as much anymore right? :) ... if you took a secondary gathering prof like skinning, you kill alot of mobs for quests, you can skin every one and sell the leather in the AH for whatever price it goes at that moment.
- You can also sell Wool cloth and Silk cloth in the AH for decent money. Killing humanoid mobs can get you xp, some nice drops and piles of cloth at the same time.
- Sell every single green item you don't need to the vendor. You get less cash for it than selling it in the AH, but you don't have to lose time and mess with prices, and re-sell if you fail to sell it and pay AH fees and such.
- Forget enchanting as your first profession, it costs alot of money. In fact, you can safely forget every production profession untill you get to 40+.
- Once you have accumulated some money to begin with, one more thing you can do is you can scan the auction house for items like wool or silk or pearls, mageweave, ore, stone .. in fact anything that sells in big amounts on daily basis. Look for really cheap bids and buyout prices and bid on them or buyout, then put the same item back into the AH for a normal price and you made yourself a profit without ever leaving the AH. Takes some practice, and time to get the feeling how much certain things cost and what cheap is, but once you get a frip on it, it works really well. You are probably going to make some bad deals in the process, but as long as you make profit overall, it is not that important. Word of warning - unless you absolutely sure, don't invest into single things that cost alot, you will find it hard to sell it and you may lose money. Safer deal is to get relatively cheap things that sell alot.
- Optional: make yourself an alt character that you park in a big city and leave it there, so that you don't have to run back to the main city every time you have full bags on your main, you just run to the first mailbox and mail it to your alt. Your alt can put things up for auction, or store items and cash.
Here you go... Now get to work and you are gonna have more money than you realistically need in no time.