prudence

Short definition from Wiktionary

Noun

1. 1
   The quality or state of being prudent: circumspection and good judgment in knowing how best to act; (countable, archaic) an instance of this.
2. 2
   Synonym of frugality (“the quality of avoiding unnecessary expenditure; economy, parsimony, thrift, thriftiness”).
3. 3
   Synonym of providence (“preparation for the future; foresight”).
4. 4
   Synonym of wisdom (“an element of personal character that enables one to distinguish the wise from the unwise; wise advice”).

Proper noun

1. 1
   A female given name from English, one of the Puritan virtue names.