Decision Deferral
The Premium for Inaction
The premium for inaction. Deferring a brief phone call or update that compounds.
The internet or phone plan remains outdated. A quick update or phone call would lower the rate, but the chore is postponed.
The extra $30 overpayment every month is the premium paid for inaction. Over decades, the accumulation reaches $53,000.
Multiple weeks of work are spent to preserve a small zone of convenience.