How to Make Great Decisions: Part 2

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This post has stuff about religion and a previous relationship. My perspective has changed

Tylenol

This is part 2 of a 4 part series on decision-making.
Check out How to Make Great Decisions: Part 1

We usually make decisions in partial ignorance. This is because time and resources confine them. That is why “hindsight is always 2020.”

Uncertainty is ok

There will always be some level of uncertainty involved in decision-making. This can be a relief because we tend to obsess over our decisions. For example, after buying a house a new homeowner will often lie awake at night wondering if he did the right thing. Now he can say confidently that he has made the best decision possible given the time and resources available.

3 types of decisions

It is also a relief to know that there are only a few types of decisions:

  1. Yes or no: Can I afford a new tattoo?
  2. This or that: Should I have cereal, beer, or both (beereal)
  3. Contingent: If a tree falls in the forest, does it make a sound?

The option to do nothing

Of course, you always have the option to do nothing. In fact, you should always consider this as an option. Sometimes it is not a good choice to change.

My wife’s employer recently offered her some work that would pay $1000 per week. We turned it down because the intangible costs were too high (e.g. no family time). In other words, we chose to do nothing.

A promise of guidance

An important promise for you to remember is Isaiah 58:11, “The Lord will guide you always; he will satisfy your needs…”

Derived, in part, from Introduction to Decision Making by Robert Harris. Photo by mrphancy