Frugality Part 3 - Prudence - How to Use Money Prudently - Main Topic #3

Frugality = The Intentional Practice of Prudent Economy. But how can we define prudence? What does it mean to be prudent with money? Is prudence a subjective thing, or are there objective ways to make prudent financial decisions? This main topic dives into the concept of prudent financial decisions in a tangible way. Prudence requires a recognition of outside information and resources in addition to thinking through potential consequences and trade-offs for given decision options. From there, you can make a prudent decision - one that minimizes your exposure to undue risk while promoting a greater good. How would you define prudence? Let us know in the comments below!

Watch the Full Episode here: https://rumble.com/v2mfzhg-hopefilled-financial-podcast-episode-3-frugality-part-3.html

Main Topics Playlist: https://www.youtube.com/playlist?list=PLo6Zlf1BSGrZM50_NAabg7tOhASym2xxD

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