Go to Tel Aruhn and buy a slave. It is recommended that you choose a race that you like. Display the console window, click on the slave, and enable any desired cheats (for example, sethealth 1000000). Use the additem code to give him or her armor, potions to heal, etc. You can create a super bodyguard that can shoot more Wraths of Vivec (or Deadric Arrows) per minute than your computer can count. You can also buy all the slaves to have a small army, but this will slow the game down quite a bit in intense combat situations.
OK to make this work go to suran. Buy glass dagger from the pawnbroker for about 25 gold. (its only is 7 condition) Now repair it. (This should cost you abot 300 gold) Now sell it to Meldor the armorer. He will pay about 2700 for it.
Now you have alot of extra gold to buy that new set of armor you've always wanted!!