prudence

noun4

1. •
   The quality or state of being prudent: circumspection and good judgment in knowing how best to act; (countable, archaic) an instance of this.

   • Prudence, like experience, must be paid for. — 1777
2. •
   Synonym of frugality (“the quality of avoiding unnecessary expenditure; economy, parsimony, thrift, thriftiness”).
3. •
   (no longer used) Synonym of providence (“preparation for the future; foresight”).
4. •
   (no longer used) Synonym of wisdom (“an element of personal character that enables one to distinguish the wise from the unwise; wise advice”).

   • Children here ye the fathers discipline, and attend that you may knovve prudence. — 1610