JavaScript Prototypal Inheritence Explained in Simple Terms

One major JavaScript feature that I needed a refresher on, and ultimately get figured out, is Prototypal Inheritence. Sounds fancy, right? Well, it's actually rather simple to do, but can be a little cryptic since there isn't much info out there that just shows you a really basic example of doing it. So, this is why I decided to write this post; to give a really simple example and explanation on JavaScript Prototypal Inheritence.