by Ciaran Russell

How a person gains or loses weight comes down to one simple principle, Energy Balance.
Energy balance simply means the amount of Calories you expend in comparison to the Calories you consume. Calories in Calories out. In order to lose weight you need to be in a Calorie deficit, ie. you need to consume less than you expend. To gain weight you need to be in a Calorie surplus meaning you need to consume more than you burn.If your goal is weight loss, it will help to have an idea of how much Calories you are burning on a given day. This is known as your Total Daily Energy Expenditure (TDEE). Although there are general guidelines about how many Calories you burn daily, everyone’s TDEE will be specific to them. This is impacted by a number of factors including; age, gender, height, weight and level of physical activity.Once you have an idea of how much energy you use in a day, you can then reduce your Calories in order to put yourself in a small Calorie deficit so that you can lose weight.Your TDEE is made up of 4 components; Basal Metabolic Rate (BMR), Non Exercise Activity Thermogenesis (NEAT), Thermic Effect of Food (TEF) and Exercise Activity Thermogenesis (EAT).In short, your BMR is the amount of energy you use at rest; NEAT is unplanned exercise such as walking to the shop or taking the stairs instead of the lift; TEF is the energy that is needed for digestion, transport, storage and absorption of food; and EAT is your planned exercise such as sports training, gym sessions or running.Put simply if you want to lose weight you must be in a Calorie deficit but for some it can be very difficult due to various complex reasons and essentially it’s more of a discussion around behaviour and habit changes. If you would like to drop a few pounds, find out your TDEE, work on creating a Calorie deficit, increase your level of activity and maybe find a coach to help you if needed. The overall aim is to create a healthier more active lifestyle so you can enjoy doing the things you love to do.

By Dave Kavanagh

When compared to home-owners, people who rent where they live can be a lot more vulnerable. Apart from the obvious points, like rents being increased or having to move out if a property is being sold, there are other potential events that could prove problematic for renters. For home owners, an unexpected temporary loss of income, whether due to illness or occupational difficulty, may mean that they need to make an arrangement with their lender until their income returns to normal. Even in the event of a fatality, the mortgage protection in place will clear the mortgage, leaving the surviv-ing partner (if there is one) not worrying about mortgage payments. Renters don’t usually have any such protection in place. If a loss of income meant rent could not be paid, they would most likely be evicted. With the current levels of rent so high, if one of a couple renting passed away, it may not be affordable on one income. So, can renters protect against such eventualities?Yes, firstly, having income protection in place, which pays out an income if someone cannot work due to illness or inju-ry and suffers a loss of income, would make sure that rent could still be afforded, preventing a pos-sible eviction. Also, in the same way that home-owners have life cover in place to clear a mortgage in the event of a fatality, renters can do the same, with the payout allowing them to purchase their own property mortgage free. Serious illness cover also pays out a lump sum on diagnosis of one of the specified illnesses, which could also be hugely helpful to renters. Premiums for such cover plans, especially for younger renters can be a lot cheaper than people often think. If you rent, it would be clever to give some thought to these.

Dave Kavanagh QFA has been advising people financially for over 25 years. For quotes or information (with no cost or obligation) he can be contacted by emailing info@financialcompanion.ie or use the contact form on www.financialcompanion.ie or phone 087-6414570, or @Davekav_advice on Twitter and Instagram. Combined with his previous role of gym/nutrition adviser, he regularly gives talks and workshops at seminars and events for groups, companies and government departments on financial wellbeing, positivity and motivation. As heard on RTE 2FM and TV3.