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Wisdom in the way of caution and provision; discretion; carefulness; hence, also, economy; frugality.

-Richard Crighton

Rothwell Gornt Companies

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A person who saves and hordes money?

A person who saves and hoards money is often referred to as a miser or a hoarder. This individual tends to prioritize accumulating wealth over spending or enjoying their resources, sometimes driven by fear of financial insecurity or a belief that money equates to security. Their behavior can lead to a lack of fulfillment and strained relationships, as they may prioritize savings over experiences and connections with others. While financial prudence is important, excessive hoarding can hinder a balanced and satisfying life.


What would describe a businesswoman making an investment?

A businesswoman making an investment typically conducts thorough research and analysis to identify opportunities that align with her financial goals and risk tolerance. She assesses market trends, evaluates potential returns, and considers the long-term implications of her investment. Additionally, she may leverage her network and expertise to seek advice or partnerships, ensuring her decision is informed and strategic. Ultimately, her approach reflects a balance of ambition and prudence in pursuit of financial growth.


How do you make a sentence for financial?

we are not rich. We are facing financial problems.


Who is better a financial planner or a financial advisor?

Almost all financial planners are financial advisers, but not all financial advisers are financial planners. Both of them must be a Certified Financial Planner (CFP). Financial planners are the ones who deal with financial tools to evaluate all areas of financial life including your savings, investments, retirements, taxes and estate planning, and help you to make a plan.. While for financial advisers, they are the ones who recommend things about your financial stature and help you to reach your financial goals.


What is the financial position of Wells Fargo financial institution?

Financial Adviser or the 'financial position' is just one of many employment opportunities at Wells Fargo financial institution. A Financial adviser helps you reach your financial goals within the banks branch.

Related Questions

Advantages of prudence concept in financial accounting?

list 5 advantages of prudence concept


What are the synonyms for economy?

financial system, thrift, restraint, prudence, husbandry, frugality, parsimony


Why bringing appreciation into account would go against the prudence concept?

The prudence concept in accounting emphasizes caution and the avoidance of overestimating income or assets, ensuring that financial statements do not present an overly optimistic view of a company's financial position. Bringing appreciation into account could lead to inflated asset values and potential earnings, contradicting this conservative approach. By recognizing appreciation, financial statements could mislead stakeholders about the company's true financial health, undermining the reliability and accuracy that prudence seeks to uphold.


What is the birth name of Prudence Liew?

Prudence Liew's birth name is Prudence Liew.


What is an example of prudence?

deprecation is the example of prudence


What is the prudence in french?

la prudence (fem.)


How do you translate prudence to Hebrew?

Prudence the name is spelled phonetically as פרודנס prudence as in "caution" is זהירות


What is the birth name of Prudence Farrow?

Prudence Farrow's birth name is Prudence Anne Villiers Farrow.


What is prudence concept?

From the Webster's Online Dictionary: The prudence concept states that profits and inventory should never be over stated an losses must not be under stated . the concept must be use when producing financial statements.... Next time you need an answer like this, just type in the words: Prudence Concept in your navigation bar and presto: Answer supplied.


What are the advantages and disadvantages of prudence?

Prudence offers several advantages, including the ability to make well-considered decisions that can prevent impulsive mistakes and promote long-term success. It encourages careful planning and risk assessment, leading to greater financial and personal stability. However, excessive prudence can result in missed opportunities and a reluctance to take necessary risks, potentially stifling innovation and growth. Balancing prudence with a willingness to act decisively is essential for achieving optimal outcomes.


How tall is Prudence Zdravkovic?

Prudence Zdravkovic is 5' 6".


How tall is Prudence Hyman?

Prudence Hyman is 5' 4".