Published on 25 Mar 2024 on Bankrate via Yahoo Finance
When Chloé Daniels was 28 years old in 2019, she made the biggest financial mistake of her life. She gave her then-boyfriend roughly $30,000 in just over a year as “an investment” in his business of flipping houses in the Chicago area.
“It was my entire life savings at the time,” says Daniels, now 32. “I didn’t even have an emergency fund. And every time I had money, I would re-invest. I just kept funneling more money into it.”