From 0 to $ 65 million in 10 years - Pastamania's recipe for success
Get tips on how to make money online 24/7 to give you financial freedom and live the life that you want. Earn passive income even when you are sleeping or away on vacation
Sunday, 26 February 2012
Saturday, 25 February 2012
How to choose the right backpack
How to choose the right backpack
The Star ( Malaysias ) Sat, Feb 25 2012
Backpacking in the wilderness and backpacking through cities entail different preparations, say gear experts.
I have plans to try backpacking for the first time. How do I choose the right pack? What are the pros and cons of using a backpack for travels? How do I choose the right size for my 5'3" frame? Any packing tips? By the way, I need a multi-purpose pack for cities and outdoors. -Hitting the road Klang Valley (The Star reader)
Backpacking means putting all that you need in a pack that you carry on your back and hitting the trail or road. However, backpacking in the wilderness and backpacking through cities entail different preparations.
Backpacking means putting all that you need in a pack that you carry on your back and hitting the trail or road. However, backpacking in the wilderness and backpacking through cities entail different preparations.
Choosing a pack depends on several factors:
1. The type of trip
Although it is convenient to travel with a backpack, especially if you are young and fit, a backpack can be a hassle in modern-day travel. Straps can get snagged in conveyor belts, external pockets are not lockable and the design of most backpacks means you need to unload everything to get to the bottom of the pack.
Also, what you pack and the volume of your bag depends on your option to re-supply along the way.
One of the most popular travel gear today is the carry-on luggage. Ideally, carry-on luggage should have a volume of about 35 to 40 litres to ensure it fits in most overhead compartments on international aircraft. Whether you choose a backpack or a wheeled, carry-on luggage depends on your destination.
If you are travelling in Europe where hopping in and out of public transports and long walks between stations are common, I'd recommend a wheeled luggage with a backpack strap option.
A tough, water-resistant duffel bag works better if you're travelling in Asia where you have to deal with inclement weather and substandard public transport.
If you are hitchhiking through Australia or New Zealand, you may want a bona fide backpack that serves its purpose in the outback or on the mountains.
2. Types of packs
Backpacks tailored for mountaineering are built for steep terrains, hence it sits higher on the back of the user so the bottom of the pack will not scrape the ground and tear when you negotiate a sheer downhill slope.
These packs also have a top loading cover that is positioned further from the back of your head so when you tilt you head to look up or if you are wearing a helmet, the top of the pack doesn't get in the way.
The pack will have a more streamlined profile to give the user a better balance on steep and uneven terrain. Its lack of external straps help minimise entanglement.
Major gear brands like The North Face, Osprey, Deuter, Lafuma and Gregory offer backpacks that fit the female anatomy. To cater to narrower shoulder frames, the shoulder straps aren't as broad as a generic pack's.
Chest straps are positioned higher above the breasts and hip belts are tapered to fit the curvier female hips. In general, women-specific packs are narrower to give a better balance for the carrier.
Some backpack manufacturers also include build-in accessories to cater to women's needs; for example, hip pockets for lip balm and hand lotion; top pockets for sunglasses and a detachable toiletry kit.
3. How does the pack fit?
Is it manoeuvrable in a crowded place? Choose a pack that can be adjusted to fit the length of your torso. Some brands even come in several sizes: S, M or L. Utilise all the straps - the hip straps, shoulder straps, chest straps, frame straps, etc, to get a better fit.
Loading your pack correctly makes a huge difference in your level of comfort. Stash the heaviest items in the space closes to your shoulder blades.
Save the bottom of the pack for light but bulky items like sleeping bag, clothing or sleeping mat to maintain your balance when you're toting the pack.
If using a wheeled luggage, use packing cubes or travel organisers of various sizes to organise your gear. Do place heavier items in the middle or at the bottom of the bag so it doesn't topple over when left upright.
Most backpackers will have more than one luggage but the rule of thumb is: only bring what you can lug on your own without any help.
I recommend a foldable bag for day use and a compressible cargo duffel bag that can also double as a rain cover and check-in luggage cover when necessary.
4. Easy access and security
Popular backpack designs have large side pockets for easy access to stuff like maps, tickets, sunscreen, writing materials or water bottles and a large external top pocket for books and electronic devices.
On the insides of the top cover, there is sometimes an internal pocket to keep valuables like money, passport and keys.
The packs will usually come with extra loops to strap your gear to the bottom or the top of the pack, or criss-crossed bungee cords to secure your gear in front of the bag.
Most backpacks are designed to hold at least 50 to 80 litres (15kg-25kg) of gear.
Leong Dee Lu Adventure buff cum outdoor retailer
1. The type of trip
Although it is convenient to travel with a backpack, especially if you are young and fit, a backpack can be a hassle in modern-day travel. Straps can get snagged in conveyor belts, external pockets are not lockable and the design of most backpacks means you need to unload everything to get to the bottom of the pack.
Also, what you pack and the volume of your bag depends on your option to re-supply along the way.
One of the most popular travel gear today is the carry-on luggage. Ideally, carry-on luggage should have a volume of about 35 to 40 litres to ensure it fits in most overhead compartments on international aircraft. Whether you choose a backpack or a wheeled, carry-on luggage depends on your destination.
If you are travelling in Europe where hopping in and out of public transports and long walks between stations are common, I'd recommend a wheeled luggage with a backpack strap option.
A tough, water-resistant duffel bag works better if you're travelling in Asia where you have to deal with inclement weather and substandard public transport.
If you are hitchhiking through Australia or New Zealand, you may want a bona fide backpack that serves its purpose in the outback or on the mountains.
2. Types of packs
Backpacks tailored for mountaineering are built for steep terrains, hence it sits higher on the back of the user so the bottom of the pack will not scrape the ground and tear when you negotiate a sheer downhill slope.
These packs also have a top loading cover that is positioned further from the back of your head so when you tilt you head to look up or if you are wearing a helmet, the top of the pack doesn't get in the way.
The pack will have a more streamlined profile to give the user a better balance on steep and uneven terrain. Its lack of external straps help minimise entanglement.
Major gear brands like The North Face, Osprey, Deuter, Lafuma and Gregory offer backpacks that fit the female anatomy. To cater to narrower shoulder frames, the shoulder straps aren't as broad as a generic pack's.
Chest straps are positioned higher above the breasts and hip belts are tapered to fit the curvier female hips. In general, women-specific packs are narrower to give a better balance for the carrier.
Some backpack manufacturers also include build-in accessories to cater to women's needs; for example, hip pockets for lip balm and hand lotion; top pockets for sunglasses and a detachable toiletry kit.
3. How does the pack fit?
Is it manoeuvrable in a crowded place? Choose a pack that can be adjusted to fit the length of your torso. Some brands even come in several sizes: S, M or L. Utilise all the straps - the hip straps, shoulder straps, chest straps, frame straps, etc, to get a better fit.
Save the bottom of the pack for light but bulky items like sleeping bag, clothing or sleeping mat to maintain your balance when you're toting the pack.
If using a wheeled luggage, use packing cubes or travel organisers of various sizes to organise your gear. Do place heavier items in the middle or at the bottom of the bag so it doesn't topple over when left upright.
Most backpackers will have more than one luggage but the rule of thumb is: only bring what you can lug on your own without any help.
I recommend a foldable bag for day use and a compressible cargo duffel bag that can also double as a rain cover and check-in luggage cover when necessary.
4. Easy access and security
Popular backpack designs have large side pockets for easy access to stuff like maps, tickets, sunscreen, writing materials or water bottles and a large external top pocket for books and electronic devices.
On the insides of the top cover, there is sometimes an internal pocket to keep valuables like money, passport and keys.
The packs will usually come with extra loops to strap your gear to the bottom or the top of the pack, or criss-crossed bungee cords to secure your gear in front of the bag.
Most backpacks are designed to hold at least 50 to 80 litres (15kg-25kg) of gear.
Leong Dee Lu Adventure buff cum outdoor retailer
Thursday, 23 February 2012
PayPal gets new rival in offline payments race
PayPal gets new rival in offline payments race
Reuters
Thursday, Feb 23, 2012
Thursday, Feb 23, 2012
Boku Inc, a big online mobile payments company backed by venture capital firms including Andreessen Horowitz and Benchmark Capital, unveiled a new service on Thursday that lets people pay with any mobile phone anywhere credit cards are accepted.
Boku already provides carrier billing through about 230 wireless carriers, including AT&T Inc, Vodafone Group Plc and Verizon Communications Inc in more than 60 countries. This service lets people pay with their mobile number and get the transactions charged to their monthly phone bill.
Carrier billing is typically limited to smaller online purchases, either through personal computers or within mobile phone apps.
Boku's new platform, called Boku Accounts, allows purchases in physical stores, a much bigger market. The service will be branded and offered by wireless carriers to customers, with Boku running the system in the background.
The move puts Boku in closer competition with PayPal, which is pushing its popular online payments service into physical stores. Google Inc is also trying to get its Google Wallet service into stores through a partnership with giants such as MasterCard Inc and Citigroup Inc.
PayPal's in-store offering works with merchants' existing point-of-sale terminals, but usually requires a software upgrade. Google Wallet works with phones that have Near-Field Communication, or NFC, chips in them and merchants need a terminal that supports this technology.
Boku's service comes with a sticker that users can slap on the back of their mobile phones, turning any handset into an NFC-enabled device. It also comes with a payment card that can be swiped using existing retailer terminals, without a software upgrade, according to the company.
"We wanted this to be available in any store," Ron Hirson, co-founder of Boku, said. "You don't need a new phone or a new terminal."
Wednesday, 22 February 2012
Brain study finds what eases pain of financial loss
Brain study finds what eases pain of financial loss
Wednesday, Feb 22, 2012
Reuters
Reuters
LONDON - Financial market traders and keen gamblers take note. Scientists have found that a chemical in the region of the brain involved in sensory and reward systems is crucial to whether people simply brush off the pain of financial losses.
Scientists say the study points the way to the possible development of drugs to treat problem gamblers and sheds light on what may have been going on in the brains of Wall Street and City of London traders as the 2008 financial crisis took hold.
"Pathological gambling that happens at regular casinos is bad enough, but I think it's also happening a lot now at Casino Wall Street and Casino City of London," said Julio Licinio, editor of the Molecular Psychiatry journal which reviewed and published the brain study on Tuesday.
"We like to believe we all have free will and make whatever decisions we want to, but this shows it's not so easy," he said in a telephone interview. "Many people have a predisposure to make certain kinds of decisions."
For the study, a team of researchers led by Hidehiko Takahashi of the Kyoto University graduate school of medicine in Japan, scanned the brains of 19 healthy men with positron emission tomography (PET) scans after they had completed a gambling task.
"Loss aversion"
The experiment showed that a neurotransmitter, or chemical messenger, called norepinephrine, or noradrenaline, is central to the response to losing money.
Those with low levels of norepinephrine transporters had higher levels of the chemical in a crucial part of their brain - leading them to be less aroused by and less sensitive to the pain of losing money, the researchers found.
People with higher levels of transporters and therefore lower levels of norepinephrine or noradrenaline have what is known as "loss aversion," where they have a more pronounced emotional response to losses compared to gains.
Loss aversion can vary widely between people, the researchers explained. While most people would only enter a two outcome gamble if it were possible to win more than they could lose, people with impaired decision making show reduced sensitivity to financial loss.
"This research uses sophisticated brain scanning to improve our understanding of the way that our appetite for risk is linked to the way that chemical messengers operate in the brain," said Derek Hill, a professor of medical imaging science at University College London who was not involved in the research but intrigued by its findings.
"It is quite preliminary work, but has many intriguing implications," he said, adding this sort of imaging could in future be used to help test drugs to treat people who indulge excessively in risky behavior.
Alexis Bailey, a lecturer in neuropharmacology at Britain's University of Surrey, said scientists now need to analyze known pathological gamblers to confirm whether they have higher levels of these brain chemical transporters than non-gamblers.
"Also there is a need to investigate if noradrenaline transporters are also increased in brain regions traditionally associated with decision making and emotional aspects of aversion such as the prefrontal cortex and amygdala," he said.
Tuesday, 21 February 2012
Taking risks pays off for ex-banker
Most travellers don't use 30% of items they pack
Most travellers don't use 30% of items they pack
Tue, Feb 21 2012
New research from British Airways has found that 90 per cent of Britons don't use up to 30 per cent of the items they take away with them on holiday.
The survey, conducted on behalf of the UK flag carrier by Opinion Matters, asked travellers about the most random item they have ever taken on holiday and not used.
Responding to the findings, BA's branding and marketing boss Abigail Comber said: "(Brits) don't really want to have to choose between books, toiletries or teabags, or to dress kids in half their holiday clothes just to avoid excess baggage fees."
She added that more than one in five customers does not look into baggage limits before they travel.
Unlike the stringent luggage restrictions on most low-cost carriers where checked luggage carries additional charges, BA passengers can check in a bag weighing up to 23kg - and carry two bags on to the plane - for free.
In the survey, travellers from Scotland and the east of England were found to have paid the most in excess baggage fees. An airline representative did not know why this may be.
BA argues that weight limit allowances are a big factor in airline selection. According to the airline's Amanda Allen, "When people realise how much more they can take and that the price is included, it becomes more important. Especially people travelling with families."
Over 40 per cent of the 1,176 people questioned in the survey admitted to packing three or more pairs of shoes, while one in five thought it necessary to bring 10 or more pairs of underwear.
The findings, released today, showed a smaller contingent, one in eight, took three towels or more for a week-long overseas break.
The survey, conducted on behalf of the UK flag carrier by Opinion Matters, asked travellers about the most random item they have ever taken on holiday and not used.
Teabags and kettles featured highly in the list, as did foodstuffs and condiments, including sardines, peanut butter, marmite and super noodles.
Responding to the findings, BA's branding and marketing boss Abigail Comber said: "(Brits) don't really want to have to choose between books, toiletries or teabags, or to dress kids in half their holiday clothes just to avoid excess baggage fees."
She added that more than one in five customers does not look into baggage limits before they travel.
Unlike the stringent luggage restrictions on most low-cost carriers where checked luggage carries additional charges, BA passengers can check in a bag weighing up to 23kg - and carry two bags on to the plane - for free.
In the survey, travellers from Scotland and the east of England were found to have paid the most in excess baggage fees. An airline representative did not know why this may be.
BA argues that weight limit allowances are a big factor in airline selection. According to the airline's Amanda Allen, "When people realise how much more they can take and that the price is included, it becomes more important. Especially people travelling with families."
Over 40 per cent of the 1,176 people questioned in the survey admitted to packing three or more pairs of shoes, while one in five thought it necessary to bring 10 or more pairs of underwear.
The findings, released today, showed a smaller contingent, one in eight, took three towels or more for a week-long overseas break.
"Some of the ideas help them to streamline their packing," Comber told Reuters, "like taking a sarong if a beach towel is too big, or packing your swimwear in your hand luggage... We want people to pack based on what's most useful to them."
"We have thousands of people working for British Airways who fly all the time and have packing down to a fine art. It only seems fair to pass those tips on if it makes life easier for our customers."
"We have thousands of people working for British Airways who fly all the time and have packing down to a fine art. It only seems fair to pass those tips on if it makes life easier for our customers."
Trimming the fat with the ultimate money diet
| |||||||||
Trimming the fat with the ultimate money diet |
|||||||||
|
By Brian McGrory We all like to tell ourselves that this year will be different, that we will lose weight, save money, take up a new hobby or quit smoking. We start the year with such good intentions but can sometimes set ourselves goals that we find hard to keep! Don't overload yourself with a huge list of goals for the year to start tackling straight away, take things one step at a time. Pick one goal to begin with and stick to it. Top goals for many people include losing weight and saving more money. So let's delve into the ultimate diet - the money diet - and get your bank balance in shape and fighting fit! Counting the financial calories Taking charge of your financial future isn't rocket science. You just need to be smart, organised and disciplined. You know when you want to lose weight you count the calories and compare them to the recommended daily allowance? Well the same goes for your money. Sit down and calculate your income each month and what your outgoings are. Be honest with yourself and include everything - from the big payments such as your rent or mortgage, to that coffee you buy on the way to work every morning. Now you are ready to start trimming down the outgoings. Like a healthy body needs a good diet of vitamins and minerals, a good quality of life also needs some basics like a roof over your head, electricity, food and the means to get to work each day. These bills are both regular and essential, so make sure they are the first thing to go into your brand new budget. To keep in check with these important bills, debit cards are rising in popularity, often replacing payment by cash or check. A debit card is unlike a credit card because it's tied directly to your bank account. When you make a payment with a debit card, it withdraws money directly from your bank account without you having to worry about paying it back later. You can also check with your bank or biller to check if they allow you to link your bills or loans payments directly to your debit card account so your bills are paid automatically before the due date. That way you don't have to worry about late fees and you have more time to complete the other tasks on your to-do list. Working out your new diet So you have your essential bills included in your new money diet, but are you still finding it hard to sort the essentials from the luxuries? Here are some tips: Wholesome food Vs Junk food: Question what you need and want you want. Make two lists - one for needs and one for wants and as you are making the list ask yourself: 1. Why do I want it? 2. How would things be different if I had it? 3. What other things would change I had it? (for better or worse) 4. Which things are truly important to me? 5. Does this match my values? Set guidelines: We all have different budgets based on our needs and wants. You may need to make adjustments for that daily latte fix. What's your recommended daily calorie allowance: Add up your income. To set a monthly budget, you need to know what's coming in. Make sure you include all sources of income such as salaries, interest, pension and any other income sources. Financial calorie intake: Estimate your expenses. The best way to do this is keep track of how much you spend each month. Categorize spending depending on your needs and wants. Are you overeating? Managing your personal expenses is like identifying the difference between your recommended daily allowance and your actual calorie intake. Once you've created your budget, keep records of your actual income and expenses. This keeps you on top of the difference between what you budget and actually spend. Track, Trim and Target: Once you start tracking, you may be surprised to find you spend hundreds of dollars a month on eating out or other flexible expenses. Some of these are easily trimmed but that doesn't mean you have to cut out everything you enjoy.
| |||||||||
Subscribe to:
Posts (Atom)