Hi everyone, I’m a 31-year-old male, and I’m about to go through a divorce. I have a 2-year-old son, and while I’m debt-free, the divorce will leave me without any savings. My financial situation will be tight for the next 1-2 years, as I’ll only be able to save around $500-$800 per month until I get a promotion.
I’m feeling pretty overwhelmed and anxious about the future. I’m particularly worried about whether I’ll be able to save enough for my son’s education and my own retirement. Living in Hong Kong, where a 36sqm condo can cost between $600k-$800k, I’ve pretty much given up on the idea of buying property here.
Am I completely out of luck, or is there a way to navigate this situation? Any advice or guidance would be greatly appreciated.