The Prudent Penny

The Prudent Penny is a financial efficiency coaching firm. Financial efficiency is an ongoing process by which an individual is able to achieve control over their personal finances and maximize their financial resources. It is characterized by an individual’s adherence to a monthly budget, the ability to track and forecast their finances, and the elimination of personal financial waste. Financial waste can take a variety of different forms, from unutilized utility bill discounts, to unclaimed property, to negotiating down debt. The end result of personal financial efficiency is less debt, decreased monthly expenses, increased discretionary income, better financial organization, and most importantly – financial peace of mind.

We help people take control of their personal finances and coach them on ways to do more with the money they already have. The primary means by which we provide our financial efficiency services is through the Prudent Penny Blog. Our blog is offered as a FREE self-help financial efficiency resource available to all users. As the blog grows, it will provide nearly all of the information you will need to help yourself become more financially efficient.

Our goal isn’t to turn you into a cheapskate or penny pincher, but rather to help you become more prudent in the way you manage and spend your money. Many of our clients have experienced lifestyle changes such as job loss or a pay cut. Perhaps they’re starting a new business and need to cut back on their monthly expenses, taking medical leave or maybe they’re retiring – regardless of the situation, we’ve been able to help many of our clients reduce their monthly expenditures while managing to preserve their quality of life.

SPECIALTIES: Personal Finance: Financial Analysis, Financial Organization and Tracking, Personal Financial Goal Achievement, Personal Financial Forecasting, Financial Waste Identification and Elimination, Personal Budget Development and Implementation, Debt Counseling and Negotiation, and Daily Money Management (DMM).