Quest, not much else I suppose. Good way to boost your ac and other defensive stats is doing the heavy armour quest. Although the first two are relatively easy, it will get pretty hard.
If you get money, buy the spells but selectively. See what spells would be handy for the purposes of your gamestyle (solo or grouping, but armour quests will require grouping ofcourse) and try to update those first. (if you can find them that is)
Sell what you find, not only to vendors but to other players, plenty use for harvested items, adept spells and armour parts that you get from drops.