Alright. There's one thing I've always been very savvy about both in RL terms and apparently in game terms as well - finances.

I'm going to give a quick overview of a few tips I have for those starting an alt somewhere or even looking to make some fast money on their high-level main. I'll go over the strategies I use, but please also use this as a way to suggest your own.

...Warcraft Gold and You...

Face it. If you play Warcraft, your biggest worry is how to buy that schwank new mount at 40, 60, or fliers at 70. The gold grind they call it. While it is true in Outlands gold rains down on you through quests and dailies, you're still left at the crucial points of gold-needing for your leveling in professions, talents/skills, mounts, and occasional gear piece.

Do not be fooled. Any and all professions you can obtain in the game can help you make money if you are smart about it. For sake of simplicity, I'm going by what I used for some of my alts and faired well. You do not need gathering professions to do well in making money. It helps, but definitely not a requirement. Please also note that this guide works best for those leveling up from Lv1 to 60ish... (Outlands is a little moot but higher levels can follow my steps and acquire gold this way too, though it's probably not worth your time)

...The Priest - Melsa...

At lv54 (she dinged last night) my little Priest has 1,447 gold. Not bad if you ask me. Even with my main Estella, I had gold for every mount I needed (including my flier when I hit 70).

Melsa's Professions: Tailoring and Jewelcrafting.

While I do not have JC leveled up, most of my money comes from different avenues. Tailoring things (gear and most importantly, bags) come second and are gravy-gold on top of what I earn while leveling.

1) Biggest thing to remember? NEVER throw away anything. Unless it cannot be sold, (IE Vendor will not accept) do not trash anything. Every copper counts and will be advantageous to you in the long runs. Some trash things sell high. Invest in getting large slot bags. It will set you back initially, but the more bag space the more vendor-trash you can carry.

2) Gathering professions like Mining or Skinning and Jewelcrafts Gems and Materials - ALWAYS SELL THINGS RAW. People want to level their skill. Ore is very important. Sell everything. Even if you don't find a stack and only find a lone True Silver Bar in a chest, sell it through AH. You'd be surprised at what some RPers will pay for pretty outfits - so even if a green is worthless to you, if aesthetically pleasing, Auction House it (AH).

3) When you run through dungeons, you will lose space. A note to keep in mind - Weapons like Clubs, Staves, and Swords sell HIGH with vendors. If you ever have to trash something, trash the cloth-armor gray gear first.

4) Sell sell sell all trash items to Vendors. CLOTH is a big one. Everyone needs it for First Aid or leveling Tailoring (as well as odds and ends for various professions including Black Smithing). Always AH Cloth, Greens, and sometimes white-level trash items. Note that Skins sell high (my alt, Miloki on Ysera is a skinner, and it works well. More about this below)

5) When you run dungeons or are with groups, if sell all trash items you find there. Auction House every green you do not need. Be fair/reasonable with your auctions and you will see a fast turn around. Compare things to what others are selling like items for.

6) It has been said before by other guides. Do not buy things in the AH unless you direly need it to get yourself into better dungeon runs. Set an allowance for yourself. IE: You can spend X-amount in a week.

7) This isn't a rule persay, but definitely monitor the Auction House to see which days are busy. For example, with my alt Miloki, I noticed one day skins were selling -very- low in comparison to what they were going a few days before. Like a stock market, the AH prices flux. If you feel like things are going low, hold off for a day and put it in when demand seems up. You will be rewarded for this. Try never to ask outrageous prices - be reasonable and you will sell everything you put up.

...Profession Suggestions...

With Miloki, I went Tailoring and Skinning. It supplemented a good amount of gold to me through hides alone, as well as excess cloth. It also meant that I was out no profit at all when making Runecloth or Silk Bags/Backpacks. With this spec, you really have to be devoted to what you want end-game. I wanted Loki as a money-horse so that's why I picked those professions. Skins are needed everywhere and everyone from lv1 to 70 needs bags.

With Melsa, she's going to be Tailor (for the end game stuff, you can't replace some of the end tailoring stuff until T6 gear) and Jewelcrafter. I love the JC's bonuses in Healing. This is only able to be done due to the fact Estella, my main on the server, is supplying the ore.

Estella - Miner and Jewelcrafter. Prospecting will earn you a crap ton of money due to the gems it creates. Adamantite dust from prospecting ore from outlands is needed in some spells and will gain you money. Keep in mind JC is expensive to level, and time consuming. Always sell ore RAW. Never as bars. *unless Bronze or found bars. AH everything. Copper on MoonGuard (a stack of copper ore) goes for a couple of Gold for example.

Enchanting - Everyone wants enchanting, but it is expensive to level. I do not have an Enchanter, but I hear it works well coupled with Tailoring.

Engineering - Nice for various features. In fact, a few quest items require Engineer made items.

Blacksmithing - It will keep costs down for you if you wear Mail/Plate in the long run for repairing armor and even getting a new weapon. However this skill is supplimented by others as well.

Leatherworking - Again, quest items in here. It's good it you wear Leather and Mail long run.

Jewelcrafting - Everyone can wear rings and necklaces. Trinkets are BOP and are advantageous to you personally. There are several rings and necklaces (I'll look them up later) that sell VERY well. Usually they require minimal effort to create and turn around and sell for 3-5 gold each.

Note: Sell EVERY thing either to vendor or AH!

Annnnd while at work, most I can devote time wise to this. Questions? Ask and I'll respond!