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

For a business, provident financial planning is essential for long-term stability. A CFO might say, 'Our provident approach to cash flow management has positioned us well for unexpected market shifts.'

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.