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Ok first make sure that you are at least lvl 30(faster if higher level) and go to The Shimmering Flats which is in Thousand Needles. Go slightly EAST of Mirage Raceway and fight Saltstone Gazer's, Saltstone Crystalhide, Scorpid Terror, Salt Flats Vulture, and Sparkle shell snapper. Take every thing that drops then skin the monster(can't skin vultures) once your inventory is full go to Mirage Raceway and sell everything and you should make atleast 2-4 gold every time you do this. Just repeat this over and over and you could get money for a your lvl 40 mount in just a few days.
This is the area im talking about