Aldo is MP expensive and creates a shield called Galvanize. Now being MP expensive doesn't mean you shouldn't ever use it. I use it quite often especially if I'm dungeoning with a new group and I don't know how good they are. Succor is also very MP expensive, but can be worth it when people are fighting in close quarters (like Titan). If they're spread out, which means you won't reach a lot of people, it can be a big waste.
But once a shield is up, it's a waste to reset it (except maybe to replace a succor galvanize with an Aldo galvanize when a tank buster is about to happen). But generally, while Galvanize is still up, use other heals (even Physick if you have to).
Using up MP-expensive spells means knowing how to replenish your MP. There's Lucid, Energy Drain (which uses aetherflow stacks), and calling Aetherflow itself to refill.
Don't be afraid to use your aetherflow stacks as needed, the cooldown is long, but not THAT long. You should be able to use them regularly. Don't refill your aetherflow while you still have some left. If no one needs healing and you need MP, use it on Energy drain, then refill.
While you're learning your own abilities it's "ok" to use Sic. But once you're comfortable enough with the scholar's toolkit, you should make the time to learn to use Obey and placing the pet. For harder content, you don't want your faerie using her skills stupidly.
Either way make sure you allocate space on your hotbars for your pet's skills, Place, and Heel. If you want to use the same location on your hotbar for both Selene and Eos's skills, using macros to swap the icons upon summoning can be very useful.
Dissipation can be really helpful in a bind because the aetherflow abilities are really powerful. It is very much an emergency mechanic to get more healing skills.
Another rare emergency usage is to get MP. Sometimes I might cast lucid dreaming and then die...which means Lucid is still on cooldown, and being rezzed = little MP. Casting a faerie, dissipate her to get more aetherflow stacks, to then spam Energy Drain is one emergency-only way to get MP back.


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