The Cycle of Positive Wealth©
The book, Wealth Virtues by
James Ward of Poor Richard Web Press, LLC
outlines the practice of Dr. Franklin's virtues
(Temperance, Silence, Order, Resolution,
Frugality, Industry, Sincerity, Justice,
Moderation, Cleanliness, Tranquility, Chastity,
and Humility) as they apply to achieving wealth
using the Cycle of Positive Wealth.
The Cycle of Positive Wealth© is
Ward's definition of a
positive cyclic flow of money habits to attain wealth.
The seven elements that make up this cycle are Wisdom,
Intelligence, Planning, Action, Investing, Inflow, and
Credit, feeding again back into Wisdom.
Cycles in life and nature are a part
of our collective human history. People have found
purpose in cyclic events and actions, so the way we
think about the flow of wealth and money can have a
positive cyclic nature as well. We will use Benjamin
Franklin’s Thirteen Virtues as the guide to allow us to
ensure we follow a positive cycle.
Maintaining the flow of the cycle through the practice
of the thirteen virtues will allow you to eliminate debt
and increase your wealth. Inaction or inadherance
earlier in the cycle have more of an adverse affect in
completing a cycle with a positive outcome.