provident

Vocabulary Word

Definition

'Provident' is a more formal way to describe someone who plans ahead and makes good decisions for the future. It often refers to careful financial management.

Examples in Different Contexts

In a creative business, being provident could mean budgeting for periods of lower income. An art gallery owner might explain, 'We've been provident by diversifying our investments to sustain operations during slow seasons.'

Practice Scenarios

Tech

Scenario:

While the software we are currently using is efficient, do we have a strategic plan for its eventual upgrade needs?

Response:

Absolutely. A provident approach would be to establish an upgrade plan that aligns with our company's projected growth.

Academics

Scenario:

Your undergrad performance is truly commendable. Have you considered your future academic path and designed a roadmap?

Response:

I have, indeed. I am trying to be provident and have mapped an academic roadmap for my graduate and post-graduate studies.