My wife of 8 years asked to separate from me just a few days ago. We have 2 children, 1 and 3. Currently we rent so we have no house as an asset. She has always been a little less financially responsible than I have been, so 'our' only savings are my RRSP and money I've squirreled away for emergencies. Of course, she gets to benefit by taking half of both.

On top of that, I need to move out which means renting a place at a substantially higher cost (300-400 a month) while paying her child support and paying half for daycare. Close to 60% of my income is out the window between my new rent and child support alone. She makes almost half of what I do, so she's making bank from my savings and monthly payments. It feels disgusting.

How am I supposed to get a chance at my own life again when I have weights tied to my legs?