Romance Scams Rise in U.S

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romance scam

Moneywise

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Entertainment

My aunt, 69, recently told me she lost her life savings in a romance scam — where does she go from here?

Summary

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65% Informative

A Reddit user recently shared that their aunt lost $ 270,000 in a romance scam and decided not to report the crime to the police.

The Reddit user now wants to help her aunt recover financially and get back on her feet.

This is a unique situation that requires careful and planning, and a professional advisor can help.

Shirley will likely need to make some spending cuts in order to make ends meet with her reduced net worth.

Shirley will also need to seek out an affordable housing situation, which might involve downsizing to a smaller place or renting out rooms in her current home to offset the costs.

Shirley might consider taking on a part-time job or building a flexible side hustle to use the incoming funds to tackle her financial priorities.

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Informative language

Neutral language

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informal

Language

English

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not offensive

Hate speech