I've been doing a few "tests" as you could call them because farming vanaduke gets boring over time.
Basically, one way to make money is begging. No, not begging like those actual beggars, more like begging in Proto armor with Prisma Wings and other expensive accessiories on and using a lenguig thet is unredebl. You get what I mean. Quickly change to your richest 5* loadout after someone gave you the money and thank them for "mekng yu rech".
Another way of making money, giving out hugs corresponding to your current equipment. As to my researches, the Jelly line works great for that (Jelly hugs to make your friends jelly), along with Love Puppy disguises. You shouldn't charge too much per /hug though.
Ways of wasting money are actually the same. Give someone "craunz" who begs like someone who fails at grammar, buy hugs from someone you like, try to roll (terrible) UVs and punch Punch after a bad UV, buy overpriced stuff from the AH, etc.
I put items on AH at 1cr for the first bid
Every single 5* mat I've put there sold for 1.4k+ and my Skelly 2* set sold for 3k a piece
It reaaaally works if you want to make quick money
Also do the same with Sparks of Life, it's funny