As human beings it’s in our nature to seek fast and convenient solutions to our problems. Unfortunately, many of the most serious problems we face in the modern world require long-term thinking and planning; things like our personal finances and energy consumption.
The Expediency Factor is our deeply rooted instinct to search for fast, short-term, convenient solutions to a particular problem. Behavior like this almost always leads to irrational action due to the fact that any behavior that fails to take into consideration the long-term effects on one’s own well-being is irrational.
- Long-term effects of poor money habits = BAD to our own well being
- Long-term effects of fossil fuel based energy consumption = BAD to our own well being
One of the biggest, if not the biggest areas where people fall victim to the Expediency Factor is with their personal finances. An individual with an inability to make strategic long-term decisions in the area of personal finance will most certainly end up with major financial problems down the road. Poor short-term financial decisions equate to damaging one’s own financial well being down the road. You don’t have to be part of the Cognitive Elite to see this is irrational behavior.
Fossil Fuel-Based Energy Consumption Seriously Tests Our Long-Term Thinking Capabilities
Fossil fuel based energy consumption hits us with a double-whammy of long-term decisions. First, it’s a major expense in the area of our personal finances which, as I just mentioned, is an area where we fall prey to the Expediency Factor routinely. Second, finding solutions to the energy crisis requires substantial long-term thinking abilities. Again, not one of our strong points.
Being in the renewable energy field I often see people struggle with decisions about their future. Even after showing someone rationally how something like solar panels on their home will increase their net worth by $100,000 or more they have reluctance to make a final decision. You can see the Expediency Factor at play as they wrestle with their primal fast, short-term, convenient solution seeking instinct.
What Should I Do?
We must be aware of the Expediency Factor and admit to ourselves that we struggle with long-term decision making, then make the necessary course corrections in our lives to improve on this area of weakness.
People who have worked hard to build (and actually have) a solid financial foundation typically have better long-term thinking skills. If you are one of these people, then investments like solar electric panels and solar hot water heaters will make better sense to you.
Most people want to do the right thing by reducing their use of fossil fuel-based energy consumption. However, many people find themselves in a mental bind that makes it difficult to make good, long-term, rational decisions.
So, if you find yourself struggling with long-term decisions around your family’s personal finances and energy consumption you should find a friend, advisor, or someone else who has better long-term thinking skills than you. Then listen and learn from them to improve your own skills and be less influenced by the Expediency Factor.
Related
Check Out What Others Are Reading:
👉 Equipment User Guide
- A Review Of The Solar Generator From Solutions From Science: Energy Saviour In Case Of Emergency 2022
- Everything You Need To Know Before Installing Solar Powered Air Conditioning 2022: Harness Sun Power To Keep Cool In Summer
- Top Energy Star Furnace Rebates: Review These Top Approved Energy Star Furnace Before Making Your Purchase 2022
👉 Solar Panels
- Affordable Solar Panels: New Material, Alternative Power, Cost-Effectively
- The Truth About Solar Panels – Are They Worth It: Energy Output And Cost Analysis 2022
- Solar Panel Review For Shed | Roof | Boat | RV
👉 Solar Heaters
- How Residential Solar Hot Water Heaters Work? The Equipment And Set Up You Will Need For Effective Use 2022
- How To Eliminate 100% Of Your Water Heating Costs By Using Solar? Save Money And Reduce Water Consumption 2022
- How To Buy A Solar Water Heater? Everything You Need To Know And Consider Before Your Selection And Purchase 2022
👉 Solar Powered Gadgets And Equipment
- Hydro-powered Alarm Clocks To Replace Traditional Clocks 2022: Wake Up In A Sustainable Fashion With Alternative Power Source
- Best Portable Solar Phone USB Charger: Suntactics sCharger 5 Review 2022
- Simple Solar Devices For Your Home 2022: Must-Have Gadgets Of The Future
👉 Solar Power Efficiency And Budget Plans
- Free Solar DIY Experiment Kit For Kids – Develop STEM Concepts With Renewable Energy Sources Early
- How To Brighten Your Landscape With Solar Powered Decor – Follow These Steps For The Easiest Outdoor Revamp 2022
- Guide To Starter Kits For Solar Power Home Use 2022: Road To Energy Self-sufficiency
- Why Solar Hot Water Heater? Top Tips On Saving Money On Heating And Efficient Use Of Energy 2022
- The Parade Of The Bulbs: Incandescent, CFL, LED And The First Light Bulb Recycling Machine
- Looking For Solar Panels At A Low Price? Benefits Of Quality Second Hand Solar Panels For Home Use And Points You Should Consider 2022
- Can Solar Energy Be The Best Substitute Of Hydro Power?
- The Ultimate Off-Grid Solar Energy Guide Book For DIY Beginners – Go Green With Solar Power For Homes
- Most Green US City & Governments 2022: Statistics And Power Source Cited
👉 Sustainability And Climate Efforts
- Global Warming, Your Freedoms – And The Man Behind The Curtain
- When The Gulf Of Mexico Had An Oil Spill A Few Years Ago, It Did A Climate Change On Us.
- Clean Energy To Meet Energy Demand – Do The Right Thing For The Environment Before Depletion
👉 Product Reviews
- 4 Fun And Unique Solar Powered Consumer Products You Should Get Your Hands On 2022: Upgrade Your Solar Gadgets
- Solar Powered Shingles Review 2022
- Sunpower Residential Solar Panels Review: Get The Best Model For Your Home 2022
👉 Solar Power DIY Kits
- Free Solar DIY Experiment Kit For Kids – Develop STEM Concepts With Renewable Energy Sources Early
- Solar Heating For Swimming Pools (DIY 2022)
- Reasons Why You Should DIY Solar Power For Home Use 2022: Unlimited Potential And Environmental-Friendly
👉 Certifications For Solar Power
- Free Solar DIY Experiment Kit For Kids – Develop STEM Concepts With Renewable Energy Sources Early
- How To Brighten Your Landscape With Solar Powered Decor – Follow These Steps For The Easiest Outdoor Revamp 2022
- Guide To Starter Kits For Solar Power Home Use 2022: Road To Energy Self-sufficiency
- Why Solar Hot Water Heater? Top Tips On Saving Money On Heating And Efficient Use Of Energy 2022
- The Parade Of The Bulbs: Incandescent, CFL, LED And The First Light Bulb Recycling Machine
- Looking For Solar Panels At A Low Price? Benefits Of Quality Second Hand Solar Panels For Home Use And Points You Should Consider 2022
- Consensus And Anthropogenic Global Warming 2022: Humans Should Take Responsibility For Centuries Of Earth Damaging Activities
- How We Can Change Our Old Behaviour To Save The Earth 2022: The Human Race Is Killing The Planet – Immediate Actions Must Be Called For
- Kyocera MyGen Solar Product Review: Solar System Packages Rediscovered 2022
Leave a Reply