Let’s get one thing straight: your goal—your only goal—in this game is to make gold. Just like in real life; it all breaks down to “the money.” Want better gear? Need gold. Want a new mount? Need gold. Want to repair your equipment after multiple deaths? NEED GOLD!
I’ve been where you’re at, right now, sitting like Jerry Maguire on the phone with Cuba Gooding Jr., screaming, “SHOW ME THE MONEY!” Well, I will over time; today, I will show you a few smart ideas I utilized to get my bankroll rolling…
CREATE A BANKER ALT
One of the first things I did was create a Priest (the class I’m least likely to want to play, as I don’t feel like playing a Healer) and outfit him with some snazzy Tuxedo gear. Then, I set him up next to the mailbox nearly two feet away from where he was “born,” and never leveled him. He’s got 20K sitting on him, right now. It’s smart to set up a toon you don’t want to play and funnel all your “savings” to him/her—you’re less likely to spend it if it’s not on you and you’ll only sign onto this toon when you need gold for something specific!
CREATE AN AUCTIONER ALT
The next thing I did was level an alt up to Level 20. I wanted my AH alt to be able to travel between the AH and the mailbox faster than a snail, and to be able to run around and grab vendor materials for other alts if need be (he’s in Ironforge—my favorite “hub” in Azeroth). I run my AH alt using the “ten percent” rule of business.
THE 10% RULE
The 10% Rule is a business concept that helps you accrue savings: by spending only 10% of what you earn (successful auctions + vendor sales), you will grow your savings. Therefore, my AH alt never has more than 10% of my total bankroll on him when I finish up at the post office while having my morning coffee. So, if I have 1000G total across my alts, I keep at least 100G on my AH alt to buy mats and post auctions. Once I get to 10,000G total, I keep at least 1000G on him, and so on… If I wake up and collect 5000G from my auctions, I may send 3000G to my banker, keep 1000G for my “10%” and send the other 1000G to an alt I’m leveling who needs to buy things to level his professions. I only upgrade my minimum when I hit a new threshold: (1K, 5K, 10, 25, 50K, 100K).
NEVER (okay; RARELY) BUY, ALWAYS SELL!
This is an easy one.
When you’re leveling, there is virtually NO need to buy gear. You’ll accumulate upgraded gear by completing quests. Don’t waste your gold. You should really only start spending quantities of gold when you wish to level professions and need to buy materials.
SELL EVERYTHING! Sell gray items and (crap) items to vendors and put everything else you can afford to up on the auction house – you’ll almost always make more gold. And, finally…
LEVEL! ALWAYS WORK ON LEVELING!
You will make plenty of gold while you level, from completing quests to earning dungeon rewards. You can easily learn to become a budding WoW economist by following these simple rules (and creating a few of your own depending on your play style).
- CREATE A BANKER!
- CREATE AN AUCTIONER!
- REMEMBER THE 10% RULE!
- RARELY BUY; ALWAYS SELL!
- WORK ON LEVELING, ALWAYS!
Pretty soon, you’ll be asking what do I spend all this gold on???
Go start growing your bankroll!