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Gold is very important element in WOW. There are many ways you can earn more gold at different levels. However, I am going reveal the ways according to the different levels. I will start with the low levels and going up to higher levels.
Level 40 is when you have at least 100g in possession after minus the class skills. At least now you can afford your own mount with pride. At the same time, you should take up blacksmithing or even alchemy as your profession to gain more gold.
When you reach level 58, it is advisable for you to go to Outlands. You can start farming for elemental motes. You will need primals for the Burning Crusade and you can get primals through the farming. The Burning Crusade is to make flying mounts easier apart from making more gold than being in Azeroth. However, it is best to stay in Azeroth until you are in level 60. Blizzard has also upgraded the quest money and exp rewards in Azeroth.
When you have reached at least level 60, you can stealth Herod and kill him to grab his loot. However, you will need the Scarlett Key and Enchanting to do it. You can actually try this when you are in the level 50s although it is better if you are in level 60. Once you have killed Herod, grab the loot and disenchant it. You will get at least 2g or Large Radiant Shard. You can sell the shards. Then you can DE the loot. Now, imagine if you have 10 shards, you can have 5 runs in the day and another 5 at night. Just nice for the day and in one week you get at least 140g of gold. Easy task!
World of Warcraft is very addicting. However, you have to make sure you balance between playing the game and your social life. You need to do something else too, no matter how addicted you are to the game. World of Warcraft is a long term strategy game and you can always pick up whenever you have left it the last time you played. There is no worry so enjoy your life while playing your favourite game.