Gifting Circle- Crash and Burn
Please welcome Jessie to the sofa.
It’s pretty sad, I have an Aunt in Florida that’s in a gifting circle, it was going strong, well amazingly strong & then bad press hit the paper from an upset ex-husband that raised hell w/the media & the circles broke down. She had been through it twice, paid off her daughters college tuition loan & started up a pet adoption home… and now she had put in money for herself & 3 others she knew to get through this and they all collapsed because people actually believe these scare tactics! It’s so sad… something good can get turned into something bad so quickly! It really does work… not for everyone in different circles b/c greed plays a role in some peoples hearts & they can ruin in! I can speak for my Aunt when I say that she’s changed a few people’s lives & it’s sad when it comes crashing down when they were so successful and doing nothing wrong.
Junie: I’m sorry to hear that your Aunt’s gifting circle didn’t work out. Risky investments are always a gamble, especially when they’re subject to the behavior of others. People get crazy when it comes to money.
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