Raw silk armor is a great way to make some easy money too (once you get your tailoring kit). As long as you keep all the spider and spiderling silks you get, by the time you get around to making the raw silk armor, your tailoring skill should be high enough to make most of the armor without failing too often (I've only failed once so far at tailoring level 26). Plus the armor sells for 1pp per AC, so you can make some good money selling it in the Bazaar.
This is very easy to make and better than silk. If your an int caster or a monk, try making lots of raw silk for yourself. You can make it for low level friends too.