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If you go online you can find many metabolic rate calculators that will estimate the number of calories you will burn in a day. This however becomes abstract and doesn’t seem to feel real to many people. I suggest that we look at our daily energy needs on an hourly basis instead of on a daily basis. For example: I went online and found a few metabolic rate calculators and determined that my estimated daily energy burn is approximately 1920 calories per day, or 80 per hour. If I eat something that has 80 cals in it then I know it takes my body 1 hour to burn that off. This seems to be a simpler way to view energy burning and eating. This also makes it more real. If I have something to eat that has 500 cals in it I know that it will take my body over 6 hours to burn that off. You can see that it doesn’t take long to fill up an entire days worth of energy burning in just a few small meals. If you want to eat a big dinner you have to budget for it by not eating much before and/or after that dinner. This way you’ve taken some calories out of your energy bank knowing that you will put them back in during the big dinner. This is the only way that weight loss really works. Eating a big dinner and telling yourself that you’ll work it off at a later date will never work. It’s no different than maxing out your credit card and telling yourself that you’ll pay it all off next month.

This never happens. Instead you end up paying the minimum balance of interest off forever and never manage to reduce the principle balance of the credit card. This is the exact same situation with weight gain and weight loss. Let’s say you gain 10 pounds and tell yourself you’ll diet and exercise it off later. The 10 pounds represents the maxed out credit card. Now if you eat at your BMR you won’t lose any weight, you will simply maintain your weight with the added 10 pounds. In order to get rid of your extra weight you need to make an even bigger payment of your weight debt my under eating long enough to allow your body to burn the 10 pounds off. This is why it seems so impossible to lose weight or pay off a credit card. Making the minimum payment on a credit card will never reduce the balance and just covers the interest. Eating just enough to match your BMR on a daily basis will keep you at your current weight and never allow your body to burn the extra calories needed to get rid of the stored fat. It’s a bit ironic that the two things in your life that require a budget (money and calories) are the two things that most people in North America are terrible at managing. Losing weight is no different than getting out of debt. You have to ‘budget’ your calories just like your money.

Continue reading ‘Budget Your Calories 60 Minutes at a Time’ »

There are many Chase credit cards which are tailor made for the entrepreneurs and businessman trying to grow their business. Credit cards are traditionally for the ease of spending with some savings and rewards. But this card comes with many features and tools that actually assist the businessman in a variety of ways.

The INK bold Chase credit card is a very good example with many different features. The card allows a businessman to go for flexible spending capacity wherein one can decide the spending plans with expiration or caps. You can use this card to pay off your balance in full every month to avoid all extra charges. This card comes with Purchase protection and zero liability protection too.

Continue reading ‘Chase Credit Cards For the Smart Businessmen’ »

There has been no shortage on the coverage the banks have given to the needs and requirements of the banks during the credit crisis, the billions of pounds and dollars being funneled in various businesses and financial structures has highlighted the vulnerabilities of these institutions. The shaky shores on which these institutions have laid some of their foundations are leaving individuals on ‘Main Street’ vulnerable to the same kind of crash. Millions of consumers all around the world have been making full use of their credit cards, running up large balances and enjoying the benefits of having multiple sources of credit.

The only problem is the rising number of buckling and buckled businesses that are relieving the workforce of its employees. Add that to the reducing value of economic assets and you’ll start to notice that the number of unpaid bills, (top of the list happening to be the flexible friends) is also increasing. More and more individuals are finding it difficult to meet their minimum payments and with no paycheque coming in the balance simply continues to rise until the bank decides to freeze the interest charges. Continue reading ‘Credit Card and the Crunch on Main Street’ »

Why Consider Credit Card Debt Settlement?

One, if not the quickest and highly cost efficient means to get rid of credit card debt is through a largely unknown method called a debt settlement. This form of settlement can be very beneficial in specific cases, and will be most useful to individuals whom have significant amounts of personal debt which they are unable to service and repay back to the lender.

The key benefit of taking this debt repayment route concerns the high interest rates you would have been paying if the debt remained. When you settle the debt, you obviously avoid paying hundreds, and in some cases even thousands, of dollars in interest payments to the lender. Credit card debt settlement deals should not however become mixed up with debt consolidation agreements which vary in a number of ways. For the most part, debt consolidation involves repaying the majority of lenders leaving you with just one or two payments, in comparison to credit card settlement which effectively writes off a certain proportion of the original debt.

How Does Credit Card Debt Settlement Work? Continue reading ‘Credit Card Debt Settlement – Could it Work For You?’ »

If you’re trying to legally eliminate your credit card debt and then you will be happy to know that 2009 is the first year that this is been made possible. The US government has recently issued a stimulus package that allows you to get rid of your credit card debt if you owe over $10,000 in unsecured debt. If you’re facing bankruptcy, or if you have already begun to file papers, looking at the stimulus package can help you erase your credit card debt once and for all.

Legally eliminating credit card debt is now possible through bankruptcy every time. If you have recently made charges with your creditor within the last 90 days and you file bankruptcy, there will be some debts that you will not be able to erase. The sad part about this is, is that you may lose your property that you have bought, and you may still be responsible for the debts that you have made. This can become a financial nightmare, but it does not have to last forever. Continue reading ‘Are You Trying to Legally Eliminate Your Credit Card Debt?’ »

What happens when you do not pay your bills to the bank? The bank representatives call you again and again so that they can claim the amount which is liable. Online debt relief programs help you I getting rid of all these problems as you do not have to pay the whole amount to the bank. A variety of online debt relief programs are available on the internet. Some of these options are legitimate while the others are related to scams. It is an undoubted fact that settlement programs are also as the biggest sources to scams.

Online debt relief programs are introduced to stabilize the disturbed financial situation which is prevailing at the moment. In the United States, there are several people who have been unemployed and have lost their jobs. Loam takers simply surf the internet to find a list of companies which are suitable. These companies suit the requirements of the customer’s settlement scenario. The customer makes a selection list so that he has more than one option available to select the relief firm. A debatable point is that a lot of customers do not believe in online debt relief programs. Continue reading ‘Online Debt Relief Programs – How to End Collection Calls and Eliminate Credit Card Debt’ »