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Dispatching 2015Serving Those Who Serve Understanding YOUR CREDIT SCORE SERIESKnow when to hold em, know when to fold em: Closing old accounts and the impact on your credit score. Brad House, CCE President,
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How to fill out "know when to hold":

01
Understand the concept: Familiarize yourself with the phrase "know when to hold" which means recognizing when to stay calm, maintain composure, or make calculated decisions in certain situations.
02
Identify triggers: Determine the situations or circumstances that often challenge your ability to remain composed or make rational decisions. These triggers could be stress, conflict, pressure, or uncertainty.
03
Assess personal strengths and weaknesses: Reflect on your own reactions and behaviors in past experiences. Evaluate your strengths, such as patience, resilience, or problem-solving skills, which can help you hold your ground. Additionally, identify any weaknesses or tendencies to react impulsively or emotionally.
04
Develop self-awareness: Increase your self-awareness by paying attention to your thoughts, emotions, and physical sensations in triggering situations. Recognize the signs of getting overwhelmed, frustrated, or anxious, as these can affect your ability to hold your ground effectively.
05
Practice mindfulness: Engage in mindfulness techniques, such as deep breathing, meditation, or grounding exercises, to cultivate a calm and focused state of mind. These practices can help you stay present, manage stress, and make more rational decisions.
06
Seek support: Surround yourself with a supportive network of friends, family, or mentors who can provide guidance and advice when you find it challenging to know when to hold. Don't hesitate to ask for help or discuss your concerns with trusted individuals.
07
Learn from experience: Each situation provides an opportunity to learn and grow. Reflect on your past experiences, both successful and unsuccessful, to understand what strategies worked and what didn't. Use these insights to refine your decision-making abilities and know when to hold in future situations.
08
Regular self-reflection: Continuously evaluate your progress in knowing when to hold. Regularly reflect on your actions, decisions, and their outcomes. Celebrate successes and learn from failures to further enhance your ability to stay composed and make wise choices.
09
Seek professional assistance: In certain circumstances, seeking professional help from coaches, therapists, or counselors can provide additional guidance and support in developing effective coping mechanisms and decision-making skills.

Who needs to know when to hold:

01
Professionals in high-pressure industries: Individuals working in fields like finance, healthcare, or emergency services often face high-stress situations where knowing when to hold can be crucial for proper decision-making and overall success.
02
Leaders and managers: People in leadership positions or management roles need to know when to hold to maintain a calm and composed demeanor, especially in challenging situations. This skill can positively impact their team's morale and productivity.
03
Individuals in conflict-prone relationships: Whether it's personal or professional relationships, individuals faced with conflict can benefit from knowing when to hold. It allows them to navigate disputes more effectively and prevent unnecessary escalation.
04
Students and educators: Students and educators often encounter various stressors, including exams, deadlines, or difficult classroom situations. Understanding when to hold helps them manage their emotions, make rational choices, and create a conducive learning environment.
05
Individuals in personal challenges: Anyone facing personal challenges, such as financial hardships, health issues, or major life decisions, can benefit from knowing when to hold. It enables them to approach these challenges with a level-headed mindset and make well-informed choices.
Remember, knowing when to hold is a valuable skill for individuals in any situation where composure, rationality, and decision-making play a significant role.
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