{"id":356,"date":"2017-01-12T02:11:49","date_gmt":"2017-01-12T02:11:49","guid":{"rendered":"http:\/\/actualwealth.org\/?p=356"},"modified":"2017-04-22T20:10:24","modified_gmt":"2017-04-22T20:10:24","slug":"two-types-economic-people-lenders-borrowers","status":"publish","type":"post","link":"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/","title":{"rendered":"Two types of economic people: Lenders and Borrowers"},"content":{"rendered":"<p><img decoding=\"async\" loading=\"lazy\" class=\"alignnone wp-image-364\" src=\"http:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers.png\" alt=\"two types of economic people-lenders and borrowers\" width=\"500\" height=\"214\" srcset=\"https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers.png 1085w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-300x128.png 300w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-768x328.png 768w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-1024x438.png 1024w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-100x43.png 100w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-150x64.png 150w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-200x86.png 200w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-450x192.png 450w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-600x257.png 600w, https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers-900x385.png 900w\" sizes=\"(max-width: 500px) 100vw, 500px\" \/>There are two main types of economic people: Lenders and Borrowers. Lenders lend out money and make money by charging some amount on the money that they lend. Borrowers take money from the lenders and pay back to the lender more than the amount that they borrowed.<\/p>\n<p>Over time the amount of extra money paid back can be substantial and can even exceed the total borrowed amount. Many borrowers may even continue to pay back money for their whole lives. Having to continually pay back money can be a major burden and can force a person to do things in life that they may really not be happy doing. In worst cases, their burden may become so high that they have to borrow more money just to keep up with paying back debts. So, great caution should be observed and much thought should be put into the consequences when borrowing money.<\/p>\n<p>Rather than becoming a borrower, the goal should be to save and be able to lend money. Earning money on money is probably the easiest way to add to monetary wealth. The more money you lend the more you earn. These earnings free up some of the time that you spend accumulating monetary wealth and allow you to use that time to focus on <a href=\"http:\/\/actualwealth.org\/index.php\/2016\/05\/26\/what-is-social-wealth\/\">social<\/a> and <a href=\"http:\/\/actualwealth.org\/index.php\/2016\/05\/26\/what-is-intellectual-wealth\/\">intellectual<\/a> wealth. This route is not fast, but over time your earnings can start to become substantial. Over longer time, this is the true path to becoming free from having to use a portion of your time accumulating monetary wealth, thus allowing you to put more time into increasing the other parts of wealth.<\/p>\n<p>&nbsp;<\/p>\n<p>What are your thoughts on lending and borrowing? Please comment below.<\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><div\n    class=\"pld-like-dislike-wrap pld-template-1\">\n    <div class=\"pld-like-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0)\"\n       class=\"pld-like-trigger pld-like-dislike-trigger \"\n       title=\"\"\n       data-post-id=\"356\"\n       data-trigger-type=\"like\"\n       data-restriction=\"no\"\n       data-already-liked=\"0\">\n                           <i class=\"fas fa-thumbs-up\"><\/i>\n                    <\/a>\n    <span class=\"pld-like-count-wrap pld-count-wrap\">3    <\/span>\n<\/div><div class=\"pld-dislike-wrap  pld-common-wrap\">\n    <a href=\"javascript:void(0)\"\n       class=\"pld-dislike-trigger pld-like-dislike-trigger \"\n       title=\"\"\n       data-post-id=\"356\"\n       data-trigger-type=\"dislike\"\n       data-restriction=\"no\"\n       data-already-liked=\"0\">\n                           <i class=\"fas fa-thumbs-down\"><\/i>\n                    <\/a>\n    <span class=\"pld-dislike-count-wrap pld-count-wrap\"><\/span>\n<\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>There are two main types of economic people: Lenders and Borrowers. Lenders lend out money and make money by charging some amount on the money that they lend. Borrowers take money from the lenders and pay back to the lender &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"more-link\" href=\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\"> <span class=\"screen-reader-text\">Two types of economic people: Lenders and Borrowers<\/span> Read More &raquo;<\/a><\/p>\n<p><!-- AddThis Advanced Settings generic via filter on get_the_excerpt --><\/p>\n","protected":false},"author":1,"featured_media":364,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[11],"tags":[],"aioseo_notices":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v14.0.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Two types of economic people: Lenders and Borrowers - Actualwealth<\/title>\n<meta name=\"robots\" content=\"index, follow\" \/>\n<meta name=\"googlebot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta name=\"bingbot\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Two types of economic people: Lenders and Borrowers - Actualwealth\" \/>\n<meta property=\"og:description\" content=\"There are two main types of economic people: Lenders and Borrowers. Lenders lend out money and make money by charging some amount on the money that they lend. Borrowers take money from the lenders and pay back to the lender &hellip; Two types of economic people: Lenders and Borrowers Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\" \/>\n<meta property=\"og:site_name\" content=\"Actualwealth\" \/>\n<meta property=\"article:published_time\" content=\"2017-01-12T02:11:49+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2017-04-22T20:10:24+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1085\" \/>\n\t<meta property=\"og:image:height\" content=\"464\" \/>\n<meta name=\"twitter:card\" content=\"summary\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebSite\",\"@id\":\"https:\/\/actualwealth.org\/#website\",\"url\":\"https:\/\/actualwealth.org\/\",\"name\":\"Actualwealth\",\"description\":\"A journey towards complete wealth\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":\"https:\/\/actualwealth.org\/?s={search_term_string}\",\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/#primaryimage\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/actualwealth.org\/wp-content\/uploads\/2016\/07\/two-types-of-economic-people-lenders-and-borrowers.png\",\"width\":1085,\"height\":464},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/#webpage\",\"url\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\",\"name\":\"Two types of economic people: Lenders and Borrowers - Actualwealth\",\"isPartOf\":{\"@id\":\"https:\/\/actualwealth.org\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/#primaryimage\"},\"datePublished\":\"2017-01-12T02:11:49+00:00\",\"dateModified\":\"2017-04-22T20:10:24+00:00\",\"author\":{\"@id\":\"https:\/\/actualwealth.org\/#\/schema\/person\/8f10efdb4be24000b8110f345263b0d2\"},\"breadcrumb\":{\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/actualwealth.org\/\",\"url\":\"https:\/\/actualwealth.org\/\",\"name\":\"Home\"}},{\"@type\":\"ListItem\",\"position\":2,\"item\":{\"@type\":\"WebPage\",\"@id\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\",\"url\":\"https:\/\/actualwealth.org\/index.php\/2017\/01\/12\/two-types-economic-people-lenders-borrowers\/\",\"name\":\"Two types of economic people: Lenders and Borrowers\"}}]},{\"@type\":[\"Person\"],\"@id\":\"https:\/\/actualwealth.org\/#\/schema\/person\/8f10efdb4be24000b8110f345263b0d2\",\"name\":\"Surjeet Mastwal\",\"image\":{\"@type\":\"ImageObject\",\"@id\":\"https:\/\/actualwealth.org\/#personlogo\",\"inLanguage\":\"en-US\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/74ce182a112cf7ec3857043b3c0e84ba?s=96&d=mm&r=g\",\"caption\":\"Surjeet Mastwal\"}}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","_links":{"self":[{"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/posts\/356"}],"collection":[{"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/comments?post=356"}],"version-history":[{"count":4,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/posts\/356\/revisions"}],"predecessor-version":[{"id":365,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/posts\/356\/revisions\/365"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/media\/364"}],"wp:attachment":[{"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/media?parent=356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/categories?post=356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/actualwealth.org\/index.php\/wp-json\/wp\/v2\/tags?post=356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}