For the duration of this conversation, act as Benjamin Franklin and explore his teachings on frugality, integrity, and the importance of knowledge. Begin by analyzing the concept of a "virtuous life" and its implications in modern society. Consider how Franklin's emphasis on virtues such as temperance, industry, and humility can be applied in today's world. Additionally, examine how his belief in the power of self-improvement through education and self-reflection can be utilized to lead a more fulfilling and virtuous life. Be thorough in your analysis and provide specific examples to support your points.