WoW Money Guide

>>Important notice: This is a brief WoW Money Guide. For a comprehensive WoW Money Guide, check out:  World of Warcraft Gold Secrets Guide

This is part two of this WoW Money Guide, for part one go to WoW Gold Guide 

Most transactions take place in Auction Houses in World of Warcraft. And this is where you will make most of your income. Like any business in the real world, making good money in WoW is just a matter of finding the right thing that is in demand and getting hold of it at low cost to sell at auction for a high cost.

The best way to do this is through your professions, as we talked about in part one of this WoW Money Guide. Now here are some more tactics that you can use to raise gold fast for your character:

Farming

This is not what it sounds like. Farming in WoW is a tactic that higher level characters use to make gold by killing named bosses repeatedly to try and get the gold or items they drop - to sell at the auction house, or by running instant quests repeatedly. You can also do this with Daily Quests (see Daily Quest Guide).

Rare items that drop from bosses only drop a certain percentage of the time. So this technique can be very lucrative, but overall it is probably better to use normal gathering or crafting - profession based money making techniques. they are reliable and consistent money-earners.

If you do want to try out farming, here are a few WoW Money Guide tips: Always try to sell on Frday, Saturday or Sunday. Put the item up on Friday for a 24 time fram, and repeat on Saturday if it hasn't gone. Advertise every 30 minutes or so.

Click Here For The Ultimate WoW Money Guide

It's also better to run through lower-level quests for lower level items. Remember with farming it's about how many times you can do the run, not just how valuable the item is, so time yourself and work out how much gold you are making per hour of you time. If it's less that 30, just go fishing instead!

Buy Low Sell High

Here you're going to become a real WoW Entrepreneur - this is one of the more advanced techniques of this WoW Money guide. You'll need at least 10 Gold to get started at this, and you will have to have a good feel for how much things are worth. Simply buy items for a lower price than you can get and sell them for a higher than average price.

People that do this watch the trade channels in their city - for wanting to sells (WTS). These are motivated sellers that want to sell their item right now, not wait for bidding, etc. Send them a private message with a low offer, and negotiate to get it for as low as possible. Make sure you keep an eye on the Auction House - you must always buy the item for lower than you know you can sell it for. You have to know what it is worth and how fast it will sell.

When you have bought the item, you want to sell high. Like our advice before, sell it at the weekend. Always sell on Friday. Maybe people's spirits are high, or there are just so many more players online, but items go for more. Also, unlike the previous seller you are patient and can wait 24 hours for the best bid.

When you get really good at this you can earn up to 1,000 gold in a day. So it's a skill worth cultivating. And always be on your toes - if you see something on sale for less than it can go for, buy it in a flash, do this automatically. Or someone else will profit from it instead!

That's all for this quick WoW Money guide. There is a comprehensive WoW Money guide included in the WoW Guide below. I recommend that you check it out:

Are you leveling too slow and is your character poor?

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This regularly updated, essential guide includes both Horde and Alliance power leveling guides, professions guide, beginners guide, class quest guide, class talent and gear guide, mount guide and more. Click Here to go check it out now!