A lot of people have no idea on how to make gold in World of Warcraft. I've watched a lot of people, my friends included, use some of the worst methods I've ever seen to try and get gold. While I'm no gold master, I have a pretty good strategy for making gold while leveling up and making sure I have enough gold to buy my mount by the time I'm level 40. So here's a few tips to apply while leveling.
1) Don't waste money on great gear. You'll out level it very, very quickly. If you're a melee character, spending some money on a good weapon is acceptable to increase leveling speed. Other than that, just grab some decent greens every 5-10 levels and don't worry about it. It won't make much of a difference.
2) Pick up gathering professions. End product professions just don't offer good profit for low level characters. They cost too much to level up. I personally do mining and skinning while leveling. Then I try and find areas where I can kill skinable animals that have some mining nodes nearby. There are plenty of areas that fit the bill. Once you get a good amount of ores and leathers, sell them at the auction house. Turn the ores into bars to start with, just to get your mining skill up. Once it gets rather high, sell the ores. You get more money.
3) Solo. Group every so often just to keep your group skills honed, but don't make it the norm. You can get some good gear from instances, but like I said earlier, you'll out level it in a week. The cash just doesn't add up to a good mining/skinning spot.
4) Sell most greens at the auction house. You tend to get more money than vendors. Especially be aware that, at lower levels, a lot of this gear is going to be purchased by people that are twinking, so you can get a lot of money for a piece of lowbie gear. Keep an eye out for really good gear that is suitable for level 19s and 29s. Lots of people have battleground twinks that pay HIGH for that type of gear.
That's it! Those are the only four things I keep in mind while leveling and I always have plenty of money to buy my mount with.
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