# Saving money, cutting costs

**URL:** <https://forums.speedlife.net/t/saving-money-cutting-costs/265835>\
**Category:** Shift518 Off Topic\
**Created:** [December 22, 2012, 8:54pm UTC](https://forums.speedlife.net/t/saving-money-cutting-costs/265835 "2012-12-22T20:54:40Z")\
**Posts on this page:** 1\
**Showing post:** 157

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**Author:** ![KrazyKid](https://yyz2.discourse-cdn.com/flex034/user_avatar/forums.speedlife.net/krazykid/32/6371_2.png) [@KrazyKid](https://forums.speedlife.net/u/KrazyKid)\
**Post date:** [February 20, 2013, 7:37am UTC](https://forums.speedlife.net/t/saving-money-cutting-costs/265835/157 "2013-02-20T07:37:17Z")

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> [@Saved 2 people yesterday and I almost drowned.](https://forums.speedlife.net/t/saved-2-people-yesterday-and-i-almost-drowned/51788/8):
>
> Having no credit cards, or loans ever isn’t good either. You need to establish credit. Unless you play on buying a home with cash.
> 
> **Having loans on depreciating assets is the problem. (i.e cars).**

> [@The talking dog](https://forums.speedlife.net/t/the-talking-dog/51795/2):
>
> Course if you’re buying new GT-Rs for 115K you aren’t worried about depreciation.

Buying, doesnt mean lien free driving it off the lot! If that buyer isnt taking your advice in bold, I hope they are atleast aware of the depreciation on that purchase.

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