Sacrificing middle class lifestyles for children’s overseas education

In the fast-paced society of Hong Kong, Ah Wei was once widely recognized as a typical successful middle-class. Earning two million HKD annually, he should have been living a comfortable life. However, as his two daughters enrolled in secondary school in Toronto, the annual expenses of 600,000 HKD instantly wiped out his earlier monthly savings. 

This was merely the prelude to an "eight-year war." Ah Wei knew that his daughter entered university five years later; the annual educational expenses would double to 1.2 million HKD annually. Faced with the reality that his salary growth could not keep up with educational expenses.  Ah Wei planned to refinance his 1,000 square foot apartment to cope with the increased expenditures. 

The next eight years would be the most stressful to Ah Wei's daily life. He cut back on his social engagements and hobbies to provide his two daughters with a quality education. Eight years later, Ah Wei is approaching retirement age. To prepare for retirement, he plans to sell his apartment and will move into a 400 square foot unit. For Ah Wei, "the action of downsizing" will free up funds for daily expenses. 

Ah Wei has truly sacrificed a lot. Nowadays, anyone who supports one's children to complete their territory of education does not mean their responsibility ends. Because in the AI ​​era, the unemployment rate for university graduates was remarkably high. If Ah Wei's daughters return to Hong Kong after eight years of study and cannot find a job, how Ah Wei cope with this new normal?