Another idea is that you could use that cash to get some PL's. With that kind of cash you can probably get to a decent level (close to or at the lvl of having your pet). Depending on how high you wanted to get power-leveled, you'd likely have a good chunk of that money left to get some gear and you could save some money by not buying all of your lower-level spells that are redundant.
Again, just an idea.
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