Feel like nothing is going my way.

[JJ47]

Hi, I feel like nothing in my life is going my way. (20 y/o student)

Firstly, two years ago to now i have been investing my money trying to grow my assets. However over the past two years collectively i am down more than 20 grand and see no real profits in sight making my feel as if i have just wasted my time working for nothing.

Around 3 months ago i bought my first car and renewed the registration, renewed CTP and third party insurance but just today i crashed the car, totally my fault going too fast at a corner losing control and skidding into a pole. Will most likely recieve a fine for negligent driving and will have to write off my car most likely, losing my first car that was around 5 grand within just 3 months of having it.

To keep my mind off the financial lossess from my investments i tried going to the gym but through this i have discovered i am injury prone often incurring tendonitis most likely due to my inactivity of childhood. Thus i have found myself progressing backwards rather than forwards due to constant injuries. Coupled with the fact i have body image issues because of my gynecomastia i feel like i have made 0 progress in the gym within 2 years while i see others changing their lives within their first year of going to the gym.

Additionaly the times when i am now at home i feel like i lack purpose or sense of direction. While i was still in university i would often work towards school work but having now completed my degree i have all this spare time at home but just watch youtube feeling as if im wasting my time doing nothing productive with my life. With everyone around me such as family doing so well in thier lives its hard to for me to keep going when it feels like everything ive done has been a waste of time and as if i havent done anything these past 2 years.

So in this situation how can i somehow find the light in this, how can i discover the will and drive to continue forward as it feels any time i attempt to better my life i get set back.

[geoff]

Hello JJ47, I'm sorry you have lost so much money but know that interest rates are so low it's so difficult to know where to invest any money, except for property.

The insurance money should give you back most of your investment for the vehicle but just be careful.

Other people at the gym may have a physique that easily transforms much quicker than other people and maybe a different type of exercise, such as swimming may benefit you more.

If you try and compare yourself to other family members and/or friends then one small achievement by them may seem to be enormous for you, but they may have a different lifestyle or opposite circumstances, so there may be no comparison.

Have you thought about changing your options or any other ideas?

Geoff.

[JJ47]

Hi Geoff, thanks for the reply.

Unfortunately my insurance was only for third party damages (not comprehensive) so i will not be getting any money back and am guessing all the money ive spent on rego, CTP and insurance is now also wasted.

At this point in time i now feel lost, like ive been completely set back to 2 years ago when i had no job or car and savings and have just wasted 2 years of my life. But now i also carry some shame above my head that I've crashed my car within just 3 months of having it. I'm also now finding it hesitant to resume my usual daily activities as i cannot stop replaying the car accident events in my head and simulate what would of happened if i just controlled the car better or slowed down. Is there anyway i can get past this event mentally?

[geoff]

Hello JJ47, you will still be able to get your rego and CTP back pro-rata, in other words, let's say you had a car for 6 months and it was written off, then you could apply back to rego (VicRoads) for a return of 6 months premium, the same can apply with the insurance company, they will return what's owing on the policy.

I'm worried about any injuries sustained from the accident you received because I hit a pole many years ago and damaged my hips, needing hip replacements, I hope you haven't received anything like this.

Geoff.

[JJ47]

Hi Geoff, thanks again for the reply.

What are the steps that i have to take now to have my vehicle written off? And does this pro rata apply in NSW?

Thank you alot for your concern about my physical health, but fortunately i have come out of the accident unscathed as i was not going too fast but enough to wreck my car. This accident has mostly set off the ticking time bomb i had in my mind about my all the things that were not going my way, that i had tried my hardest to not think about and brushed off as it will work out eventually. So now with this accident bringing forth all the issues to the forefront of my mind (including the accident) i want to grow from them and somehow face them but i am unsure on how to. I want to go past this shame but no matter how hard i try i eventually end up thinking negatively again about the accident about how stupid i was.