Member-only story

How to handle a crisis

Andrew Leung
4 min readNov 19, 2024

--

Photo by Arthur Lambillotte on Unsplash

Everyone hopes to have a smooth and easy life free of troubles. But the reality is that at some point, we are going to run into a crisis of some kind, and there will be many over the course of your life. This makes the ability to manage a crisis a vital life skill. So, let’s look at five things you need to do when a crisis strikes to make it out smoothly no matter what strike your life.

  1. Take stock of your risks

The first thing you need to be aware of are what kind of risks exist in your life. Do you do anything that can be considered risky or dangerous that have major consequences? If there are you should focus on lowering those risks as this will help reduce the number of crises that will happen. You should also take into account what your strengths are. It should be thinking a deeper level than your finances, although those are important. Finances give you the ability to find tools to solve problems. But you need to have a basic understanding of how to solve problems. Some notable aspects include finding what the solution is or who can help you find the solution. These are all items that should be considered as your inventory of skills and resources.

2. Practice soft skills

Many of the skills that allow you to handle a crisis are soft skills. Taking a second even during a crisis to take a breath to get your thoughts in order…

--

--

Andrew Leung
Andrew Leung

Written by Andrew Leung

I will be sharing the plain and honest: truths, pros and cons as well as my experiences of Personal Finance, Side Hustles, and Investing.

No responses yet