While methods such as buying and selling items through guild traders can be very effective, these are not as viable early on when you are trying to learn the game and just have fun. Walking out of the tutorial mission into the wide world, you will have very little to start with and will need to build up to being able to rake in the gold. The methods below are all viable from the early game on, and will net you some spending money early on.
Selling Items – As a general rule you should look at items as you pick them up and see if they are intricate or better than the gear you are using currently. If the answer to both of those questions is no, then you should sell the item to a merchant. This may only be a small amount of gold, but it adds up over time and you can find yourself getting 2K-3K gold every few missions.
Questing – This can be a really slow grind, but well worth it when you consider that not only do you get gold for completing quests, but also items you can sell to merchants all while enjoying a fun story.
Dungeons – These are a great way to multi-task. The first time through a dungeon you will get experience and a skill point for completing it, as well as any additional XP from slaying enemies and for doing a random daily if you didn’t select a specific one. Add to all of that the items you pick up and sell and you will be surprised how quickly the gold accumulates.
Dolmens – These can be farmed for jewelry while you gain experience. You can then sell that jewelry, assuming you don’t want to deconstruct it to help level jewelry crafting. Selling on a guild store will usually net you more gold, but running these and selling to a merchant can net you a decent amount of gold as well.
Thievery – Most cities in Tamriel have a dark underworld of treachery and deceit. These are known as thieves dens, and this is where you will find your friendly neighborhood fence. Normal merchants will avoid buying stolen goods, but fences will happily take them off your hands. There are many spots where you can grind out stealing items, but for the most fun time try and steal everything from every city you can and sell it all here!
The above list is only a small number of ways to make money in ESO, but early on they will be the easiest way to make extra gold and still allow you to explore to your hearts content. A more comprehensive guide is in the works to go over some gold making tips for later in the game when you want to buy those really expensive items.
Now that you have some ideas on how to make some gold early on, you might be wondering how you should prioritize your spending to make sure you are investing in the best way to make yourself successful later on.
The following 3 areas should be your primary focus:
1.) Mount training – You might notice that when you get your first mount at level 10 it feels like walking would be a faster way to get around. This is pretty much true, but there is a way to fix that. There are stables in each city where you can go to train your mount for speed, endurance and carry capacity. You can only train once every 20 hours and it costs 250 gold for each session. Typically, you will want to invest in speed first, until it is maxed out at 60, then go for carry capacity which will allow you to carry more items. Endurance can be helpful in some situations, but out of the three it is the least useful. This training is character based, so you will need to train on each character you have separately.
2.) Bank Space – Very simply, this will allow you to store more items in your bank. Each upgrade will get you 10 additional slots in the bank(20 if you have ESO+) and the bank is account based, so when you add space, all of your characters will be able to use it. The cost increases the more you upgrade.
3.) Bag Space – Similar to bank space, but this adds carry capacity to your character. The cost goes up as you level it and you will need to pay on each character to upgrade on them individually.
You will want to avoid spending money on armor and weapons, as you will pick plenty of those up and buying them before the gear cap at CP 160 will only be money wasted as you out level the gear rather quickly. Potions and buff food can be bought, but can also be a little pricey and you should be able to pick these up from level rewards, daily rewards and from looting containers.