NOTE: This segment will air again on the Lifetime Network on February 11, 2011 at 7 am.
New Year’s Resolutions can be tough to keep, especially ones related to your finances. The Balancing Act host Danielle Knox talks with Wealth Virtues author James Ward about how the virtues of Ben Franklin applied to the practice of the Cycle of Positive Wealth can create realistic wealth and a comfortable retirement income for anyone at any age and income level.
James Ward talks with The Balancing Act host, Danielle Knox about how he was inspired, not only by the wisdom of Dr. Benjamin Franklin, but by the foresight and common sense of Ward’s wife, Linda, to whom the book is dedicated. “Our goal for our three daughters,” Ward tells Knox, “is to have them learn the values required to save, invest, and manage their finances to live their lives with happiness and independence. In turn, our retirement savings will be strong enough so as my wife and I will never be a financial burden to them.”
James Ward, who is also the proprietor of Poor Richard Web Press, describes how, For many people, ‘wealth’ is perceived as the amount of money required for one to live like a king. In his book Wealth Virtues, he redefines wealth as simply the goal of ‘acquiring more money than you spend, and to save more money than you owe.’
Wealth Virtues outlines the practice of Dr. Franklin’s virtues of Temperance, Silence, Order, Resolution, Frugality, Industry, Sincerity, Justice, Moderation, Cleanliness, Tranquility, Chastity, and Humility as they apply to achieving wealth. The premise in which we begin to view wealth is simply the ability to acquire more money than you spend, and to save more than you owe. It is a book that will help you to define and achieve your own wealth regardless of your current age or income level.
Tune in to the Balancing Act on January 26, 2011 at 7am, or just visit The Balancing Act at http://www.TheBalancingAct.com. To see a preview of the show, visit http://www.WealthVirtues.com
About The Balancing Act: The Balancing Act show airs on Lifetime Television at 7:00am (ET/PT) – and is America’s premier morning show that’s about women, for women, and trusted by women. Celebrating life and all there is to accomplish, The Balancing Act inspires and empowers with entertaining and educational segments, placing women in the best position to achieve success in every area of their lives. For information or to view a show, visit www.TheBalancingAct.com. For more details about The Balancing Act, LLC please visit parent company O2 Media Inc. at www.o2mediainc.com.
Wealth Virtues by James Ward is available online at Amazon, Barnes & Noble, and other online outlets including the Resource Store at WealthVirtues.com.
Embracing Benjamin Franklin’s virtue of Humility, James Ward will donate ten percent of his earnings from Wealth Virtues to First Book, an organization that provides new books to children in need.
Written by James Ward
Category: Personal Finance
Publisher: Dog Ear Publishing
Paperback 160 pages
Retail Cost: $11.95
Visit http://WealthVirtues.com for more information on the book, links to online bookstores, useful tools, and other recommended reading.
Wealth Virtues is also available for the Kindle at http://amzn.to/wealth-virtues-kindle
About the Author:
James Ward is wealthy. Not “John D. Rockefeller wealthy,” but rather, has more money flowing in than flowing out. He is or has been a successful computer scientist, Coast Guardsman, Army officer, analyst, musician, graphic designer, skier, manager for a defense contractor, business owner, and a writer. He is also a successful investor, but lives well within his means. As the owner of Poor Richard Web Press, he helps businesses, non-profits, and individuals succeed with their Internet marketing goals. He also helps other writers and authors with free online marketing tools at BiblioScribe.com, and is a contributor to First Book, an organization that provides new books to children in need. Although his savings and investments continue to grow from the continual practice of Dr. Benjamin Franklin’s Thirteen Virtues while following the Cycle of Positive Wealth©, he realizes that his only true and most valuable treasure is his family and friends.