Works as long as you can keep transferring the money. I don’t have any credit card debt. Haven’t bought anything on credit in years. If I don’t have it in the bank, I don’t spend it.
Then do as I say in the article, buy what you might next year this year, because the price will go up.
I stated that if you use credit, then you could pay off the debt next year with next years money that will be worth less.
I stated in the post that it is best to pay cash if you can, but not everyone has $35,000 cash to buy a car. When the car today is worth one price, next year it will be more, and the dollar you buy it with will be worth less.
I used the small amount of $100 just to make the point more reasonable to those who are not used to the analogy. I kept it at the number where the % would be $1 per each extra %