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Bay Coin can help you do fun stuff. But you should get quests from the Guild Masters, with the Merchant Guild handing out the most money. Other available Guild Masters are the Ares Warrior Guild Master, Alliance Master of Adventurer and the Master of Alliance. It is a good advice to first do a couple of Merchant quests to gain large amounts of money. They are not always exciting, but make a lot of money with my biggest quest up until now giving me 600,000 silvers. Also a good tip is the fact in the case that the Guild leader asks you to bring 20 items and you can only carry 10 in one run, that you can still do the quest. Just bring it in parts, the Guild leader will even tell you how much items you still have to deliver. You can find the Guild Leaders outside and inside the city, depending on the city you are in. Again, the map gives you their location.
This NPC can teach you any skill you will need in the game. He resides just inside the city, so look around when entering the city to find him. He is also able to learn and upgrade special skills and advance skills beyond level 31. When learning a skill, you will also get the basic equipment needed to train the skill. Learning mining will give you a pick axe and learning sword-play will give you a sword.
Every 4 levels you gain a stunt point in a skill which the Skill master can use to give you access to special abilities. Learning special abilities can be done in the second screen under Special. Learning or upgrading abilities will cost some money, with the upgrade increasingly costing more. Passive skills do not cost Stamina points and are always active, while other abilities cost a certain amount of SP to use.