Roll near Freeport, get a mage to summon you a 10/34 2hb, some weight reduction bags and some AC rings/necklace then head over to the newbie section of North Ro. There are a million decaying skeletons there. Kill them til you have a full set of cloth or level five. Loot and sell any rusty/iron ration/excess cloth you find at the inn in the centre of the area.
This loot will get you a 30pp nest egg and several stacks of bone chips. Bone can be sold to players for 5pp+ per stack or quested for xp.
Spend money earnt from this on a decent weapon; ideally you want something that is close to 10 DMG and as fast as possible.
If you didn't need to sell all your bonechips to get your weapon I suggest heading to the dwarven city Kaladim to hand them in for XP. If you are a small melee toon this will even give you a minor armor upgrade as part of the reward.
From kaladim head to the elven kingdoms and bind in Greater Fadark at 'orc lift'. Head to orc hill and start filling your bank with centurion belts. Once you outgrow orc hill head to the zone Crushbone to keep stockpiling centurion belts and legionnaire pads.
Once you are in your early/mid teens head to kaladim, hand in the centurion belts and lego pads in the dwarf warrior guild. This could be enough to grant a couple more levels! After Crushbone a popular place to hunt is Unrest, where you will find ringmail and bronze plate armor and be starting to look like a serious adventurer!
Generally I advise player purchasing weapons and just looting armor upgrades. That said, it is worth buying player made hp/ac rings. The exra hp will help you survive emergencies and will allow you to bind wound to a higher hp value. 100pp on a set of banded armor is also tempting, but it is not leagues better than the ringmail/bronze armor you will be looting by the time you actually start needing to stack out your AC.
I hope this is help and not TLDR.
My advice is generally more melee orientated as casters should just focus on picking up a few core spells more than anything... Even so some casting classes can find decent melee weapons cheaply that can carry them thru the early levels (e.g. lost staff of the scion will make a wizard excellent melee DPS for the first dozen levels before their skill caps start to let them down).
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