Struggling to fund an emergency? What should you do if you need money right now? First of all, assess the situation and do not make hasty decisions. Payday loans play a good role here to help you pay off your debt and spend the necessary amount of money for emergency expenses.

We recommend the option of taking out a payday loan DirectLoanTransfer if you have a short-term disruption to your finances. Thus, you can repay your debt in just one to two months and calmly continue to pay your loans on time.

More often than not, we find ourselves in a financial bind. Suppose you spread yourself too thin and exhaust your borrowing options. Now what? Let’s take a look at 10 good reasons why people take payday loans.

Reasons to get a payday loan

1. When you can’t afford major purchases

A client took out payday loans to buy new appliances, a cell phone, a fur coat for his wife, a car and winter tires. He was able to finance all of these purchases with payday loans while saving money to pay for his personal needs and necessities, such as food, gas, and clothing.

2. To avoid empty pockets

Over the past 15 years, a customer has taken out about 10 loans to buy a camera, two tablets, two phones, and new furniture. Taking out payday loans allowed her to buy what she needed and still have money in her pocket. These were well-calculated decisions that helped the client get the necessities without spending all her money.

3. Out of madness

A customer broke his phone. Unfortunately, he had no savings, so he took out a loan. Therefore, the customer filled out a request directly in the store, but only one bank responded. The fees and interest rates on this bank loan were thousands of dollars more than the original amount he had borrowed. After this realization, he decided to look into payday loans instead. The client received money instantly and didn’t have to worry about trailing payments that accrue interest. With payday loans, he got his phone and paid off the debt in just one month – easy and hassle-free!

4. If there is not enough will to accumulate

Let’s say you took out two payday loans, the first for remote programming lessons and the second for a digital piano. One has already been paid, the other is being paid. There is not enough will to save on such acquisitions. Each time, think carefully about the need to apply for a payday loan. Consult specialists from different banks and don’t forget to consider different payday loan offers. Due to this, thanks to the training, you will receive attractive offers of personal loans from the management, and the piano will become a source of additional income.

5. To raise the standard of living

A payday loan is a great opportunity to get an item at a discount. You can close the debt on the first payment, saving a little. Credit cards help you get certain things without overpaying but a little earlier. Payday loans will help you raise the bar on quality of life. It is not because there are things that are borrowed. Indeed, you will start thinking in slightly different numbers with a payday loan.

6. Live until the next paycheck

Payday loans can help solve urgent and unexpected financial difficulties, but sometimes high rates and overpayments can create long-term problems in a family’s budget. Now we have to work for the loans. All the money is divided into two categories: repayment of the loan and somehow stretching the salary.

7. In order not to constrain oneself in desires

Payday loans can be taken on a whim. For example, if you suddenly wanted to renew your fleet of vehicles and it was uncomfortable to withdraw the full amount of traffic and savings, even if formally there was such an opportunity. You took about a few thousand dollars for six months for an iPhone. You can afford to take out a payday loan. You could take it for a wedding so as not to be afraid of desires, which is about 700,000 for three years.

A personal loan is a practical tool if it is not coerced. If credit money helps accelerate the rate of capital growth or get the feeling now and pay it back later, then that’s a good reason to agree to take out a payday loan.

8. In order not to choose what to buy

When repairing an apartment, money is needed for plastic windows or TV. Suppose you need to borrow several thousand dollars for a television. Let’s say it would be a shame if you gave more than five thousand a month, but the way of life will not change. It is likely that you will not regret having taken out a personal loan. Nevertheless, in the future, think about how you could save in advance.

9. To spend money on the most important

Suppose you have taken out many small loans that could amount to hundreds of dollars. You close one and immediately organize the next, for example for studies, treatment, travel, expensive furniture or equipment. In general, for whatever is most important. Additionally, you can use a credit card with a limit of a few thousand. Loans are always closed ahead of schedule in two or three months while spending money on useful and necessary things that you could not save for in any way and not on momentary pleasures like a bottle of expensive alcohol or unnecessary clothes.

10. When there are no other options

Let’s say the roof of your house was in a terrible state. Suppose an urgent repair is needed, but it would be impossible to save such an amount even if the whole family saved the entire salary. Then a payday loan is a very good option.

Payday loans are one of the easiest loans to get, but they’re also manipulative. In case of urgent need for money, there is no doubt that you will be able to obtain a loan quickly. However, if you are not careful, you may find yourself trapped in an endless cycle of debt. Your debt term will last much longer due to the huge interest rate you will pay on your loan. You can also continue a particular loan more than once to avoid a repayment burden.

Quick access, on the other hand, is an expensive habit, and the amount you use to repay these loans will keep you from regaining your footing.

If you fail to arrange for a payday loan, your credit score could be affected and it will then be very difficult for you to apply for a loan in the future.

In the event that you are locked into a cycle of high debt, there are alternatives available that can prevent you from being trapped in the cycle of debt. Acting quickly can help you reduce your expenses and get better and more attractive financing terms.

Can borrowers avoid the debt trap when using payday loans?

It’s hard, but not impossible.

We have come up with ways you can simply stop the debt trap when using a payday loan.

1. Establish a contingency fund for unexpected expenses:

Until you accumulate assets, put in place a good investment strategy to meet your emergency fund needs.

There are several investment options available to you, such as insurance plans, etc., which can help you in an emergency and save you from having to take out this loan.

2. Reduce expenses:

There are times when you will have no choice but to apply for a payday loan due to an unforeseen emergency, and that’s understandable; nevertheless, if you develop a practice of frequently taking out payday loans to satisfy your unreasonable needs, your budgeting will require considerable attention. Be conservative with your budget, cut the budget and only buy what you really need.

3. Make a long-term plan:

Set up emergency savings and contribute to them on a consistent schedule. You must take inflation into account and be absolutely sure that your funds will be sufficient to cover future needs. Improve your credit score to qualify for cheaper loans from lending institutions. This will surely reduce the possible need for payday loans in the future.

4. Request a loan from a new lender:

If your payday loan is piling up and you still don’t want to be trapped in the same cycle of debt, you can apply for a loan from a new lender other than payday lenders. To obtain a private loan, you can contact various official lenders in your vicinity.

You can also choose to consolidate your debts. You can also apply for a loan from another lender to settle your payday loan.

If your credit score is one of the things that bothers you, you can ask a friend or family member to take out the loan on your behalf. People close to you who also have a great credit history may be able to help you get a loan to pay off your payday loan and end the debt trap.

5. Consult your payday loan institution

Those who provide payday loans will always want to get a refund. Therefore, if you let the payday lenders know that you are having trouble repaying the loan, they might be able to generate a particular solution that benefits both parties. These lenders may allow a debt settlement strategy or give you a longer payment term to accommodate your financial situation. In any case, you will have no problem repaying your personal loan in a short time.

6. Seek help from relatives and friends.

Your relatives and friends are the ones you can just turn to when you need help. However, now is a good time to visit them. Find out if you can borrow money from them in order to stop the debt trap of payday loans. You can simply assure them that you will pay back in no time, they should be able to understand your current situation. Your relatives or friends might not even charge you interest on the loan they give you.

7. If you have a reserve fund, put it to good use.

Using your savings or investments for emergency purposes can be a great idea if you have some set aside for that purpose. However, stopping your payday debt trap will also allow you to avoid the high interest that comes with the loan. You will be able to collect your rescue money quickly. If possible, spend some of the money to give yourself some breathing room while you wait for additional sources of income to settle your payday loan debt.

8. Seek professional assistance

You should keep in mind that it is necessary for you to seek expert help if you are unable to achieve positive results despite following any of the measures outlined above. There are several credit counseling agencies available to help you with your payday loan debt. They will contact the lender and work with you to find a way to settle the debt. Seeking professional assistance will definitely go a long way in stopping the debt trap when using a payday loan.

In conclusion

The tips provided above will surely help to stop the debt trap when using payday loans. Do not forget that it is quite possible to stop the debt trap when using a personal loan.

This article does not necessarily reflect the opinions of the editors or management of EconoTimes

(MENAFN – ValueWalk)

When it comes to things that may pose a risk to your finances, certain activities may immediately come to mind. Investing heavily in high-risk stock options, quitting your job without a back-up plan, or habitually making large, unnecessary purchases are all obvious actions that can certainly affect your finances.

But what about the things you do in your daily life? Surprisingly, common personal habits can also jeopardize your personal wealth. Some of these habits seemingly have nothing to do with money, but can have a major impact in ways you may not have considered.

Contents Pin up

• 1. Recreational alcohol use

• 2. Lack of savings

• 3. Continuous subscriptions that you do not use

  • 3.1. Focus on the day-to-day

Recreational alcohol consumption

When linking alcohol to financial risk, the obvious route is prosecution or criminal charges for misconduct. One danger that may not be as widely known, however, are the long-term consequences stemming from traumatic brain injury. As alcohol is estimated to be a contributing factor in approximately 50% of all traumatic brain injury incidents, the habit of drinking alcohol can have very real consequences.

Letter 2021 from Seth Klarman: Baupost’s “endless” information hunt

Baupost’s investment process involves “endless” gleaning of facts to help support investment ideas, writes Seth Klarman in his year-end letter to investors. In the letter, a copy of which ValueWalk was able to review, the value investor outlines Baupost Group’s process for identifying ideas and answering the most critical questions about its potential Read more

Brain damage can impact your finances far beyond substantial medical bills. If you have a brain injury that causes permanent damage and renders you unable to work, your income could be a fraction of what you are used to. While disability payments may provide meager relief, these payments can take months to initiate and may require multiple rounds of appeals.

Lack of savings

Spending on a monthly basis at the higher end of your monthly income is fine until an unexpected expense arises. The problem with this is the fact that unexpected expenses will arise at some point. Whether it’s a car repair or water damage in your home due to a burst pipe, costs will arise that cannot be delayed.

Americans have become more aware of having funds set aside for emergencies. However, about 51% have less than three months of spending in savings. When unexpected costs arise, it’s all too easy to fall into the trap of high-interest borrowing. This can take the form of credit cards or payday loans. Unless you drastically adjust your monthly expenses, you run the risk of spending long periods of time recouping interest payments.

Continuing subscriptions that you are not using

It can sometimes be comforting to have the option of using something even if you decide not to. Signing up for that gym membership at the start of the year seems like a step in the right direction for overall health, but it does little good other than drain your bank account if you don’t use it. .

Maybe there was a single TV show that you were excited to watch and signed up for a streaming service. After you finished watching, did you find anything else on this streaming service? Does it appear as a recurring monthly charge on your credit card without being used?

Many services start with an introductory free trial that requires you to enter payment information upfront. This is a savvy business strategy as it is very easy to forget that payment is due after 30-60 days. Even if you remember, you still have to take the time and effort to call or log into your account to cancel. If you don’t regularly check your credit cards and bank accounts for automatic payments, you could be wasting huge amounts of money each month.

Whether you put a cap on subscriptions and other memberships as part of your annual family budget or just check that you’re using the ones you pay for, get into the habit of not throwing away money.

Focus on the day-to-day

Financial difficulties don’t always stem from the fallout of failed business deals or a drop in investment. Much of the success of financial stability comes from daily habits. To avoid unforeseen difficulties in terms of personal wealth, it is better to adopt good habits and not take unnecessary risks.

Updated January 21, 2022 at 11:40 a.m.

MENAFN21012022005205011743ID1103575607

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New Jersey, United States, – The Luxury car rental market Size and forecast to 2028, this report provides an analysis of the impact of the COVID19 epidemic on the key points influencing the growth of the market. In addition, the luxury car rental market segments (by major players, types, applications and major regions) outlook, business valuation, competitive scenario, trends and forecasts for the coming years. The study of the Luxury Car Leasing report is carried out on the basis of a substantial research methodology, which enables analytical inspection of the global market by means of different segments in which the industry is also alienated in summary, an increase in the size of the market due to the different possibilities of prospects. The report also gives a 360-degree view of the competitive landscape industries. SWOT analysis has been used to understand the strengths, weaknesses, opportunities and threats of businesses. This will help businesses understand the threats and challenges they face. The luxury car rental market is showing steady growth and the CAGR is expected to improve during the forecast period.

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The report provides a detailed analysis of the major market players along with an overview of their business, expansion plans, and strategies. The main players examined in the report are:

• Business
• Hertz
• Budget Opinion Group
• Europcar
• Sixt
• ALD Automotive
• Movida
• CAR inc.

This report provides in-depth luxury car rental analysis, current trends, as well as comprehensive analysis based on type, application, and players. The report includes detailed analysis of competitors, SWOT analysis, industry structure and production process view. The report explains that the luxury car rental market is fueled by several factors. This study underlines how important it is to carry out in-depth analyzes and how much this has a strong impact on the quality of the information made available to readers. Further, the report examines the impact on the Luxury Car Rental market of the COVID-19 pandemic and provides a clear assessment of the market trends for the forecast period.

The report further studies the market segmentation on the basis of the types of products offered in the market and their uses / end uses.

While segmenting the market by types of luxury car rental, the report includes:

• Short term rental
• Long term rental

While segmenting the market by luxury car rental applications, the report covers the following application areas:

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Scope of the Luxury Car Rental Market Report

Report attribute	Details
Market size available for years	2021 – 2028
Reference year considered	2021
Historical data	2015 – 2019
Forecast period	2021 – 2028
Quantitative units	Revenue in millions of USD and CAGR from 2021 to 2028
Covered segments	Types, applications, end users, etc.
Cover of the report	Revenue forecast, company ranking, competitive landscape, growth factors and trends
Regional scope	North America, Europe, Asia-Pacific, Latin America, Middle East and Africa
Scope of customization	Free customization of the report (equivalent to 8 working days for analysts) with purchase. Add or change the scope of country, region and segment.
Price and purchase options	Take advantage of personalized shopping options to meet your exact research needs. Explore purchasing options

Due to regional segmentation, the market is divided into major regions North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Further, the regional analysis covers the market split and major players by country.

The research report offered by Market Research Intellect provides an updated view of the global luxury car rental market. The report provides a detailed analysis of key trends and emerging market factors that might affect the growth of the industry. Additionally, the report studies the market characteristics, competitive landscape, market size and growth, regional breakdown, and strategies for this market.

Highlights of Luxury Car Rental Report Content:

?? Global Luxury Car Leasing Market Review

➮ Competition in the market of players and manufacturers

competitive environment

Production, sales estimate by type and application

➮ Regional analysis

➮ Industrial chain analysis

Global Luxury Car Leasing Market Forecast

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TOYOTA PRIUS PRIUS 2021

Edmunds editors say: The Prius Prime has a bigger battery than the standard Prius and can be recharged at home. It can travel about 25 miles using all-electric power. For many people, that’s more than enough to drive around town. Once the battery is depleted, the Prius’ hybrid powertrain takes over and delivers excellent fuel efficiency.

Buying Notes: The Prius Prime is a great way to cut fuel costs, and the average lease offers an impressive 50% savings on the monthly payment if you were to finance.

Average monthly finance payment: $ 613

Average monthly rental payment: $ 306

Savings: $ 307 per month

2021 RAM 1500

Edmunds Editors Say: The Ram 1500 offers exceptionally smooth ride manners due to its distinct rear suspension design. You also get a premium interior highlighted by the optional 12-inch infotainment screen. V6 and V8 are both solid choices, but the diesel powered V6 is also worth considering for its higher fuel efficiency and rugged towing capability.

Buying Notes: Truck buyers tend to be quite brand loyal, but if you’re considering a full-size pickup, the Ram is worth a try not only for the savings, but also because he is one of the highest rated in Edmunds.

Average monthly finance payment: $ 779

Average Monthly Lease Payment: $ 534

Savings: $ 245 per month

CHEVROLET BOLT EV 2021

Edmunds editors say: The Chevrolet Bolt is a solid electric vehicle, especially with its 259 miles of range on a full battery charge. It is a pleasant electric vehicle to drive. The vertical hatchback styling doesn’t stand out in a crowd, but the Bolt offers a solid reputation for green and long-term performance at a low cost.

Purchase Notes: Chevy had planned a major Bolt update this year but was delayed by the pandemic. You’ll see more substantial changes for the 2022 model year. Part of the reason the offers are so good on the 2021 is the delay, but just know that you won’t have the latest body style for long.

Average monthly finance payment: $ 440

Average monthly rental payment: $ 216

Savings: $ 224 per month

CHEVROLET TAHOE 2021

Edmunds editors say: People expect comfort, capability, and convenience from a big SUV, and the Chevrolet Tahoe delivers. Redesigned for 2021, the Tahoe offers better interior space, increased cargo volume and a smoother ride on a wide variety of surfaces than the previous model. In short, he does a better job of being the workhorse of the family.

To exploreSTRAIGHT TALK: electric vehicles worry drivers

Buying Notes: The average monthly payment is quite high on these big SUVs, but for those who need seven seats, tow, or haul more cargo, opting for a lease in this case can save you 18%. on average per month.

Average monthly finance payment: $ 1,066

Average Monthly Lease Payment: $ 856

Savings: $ 210 per month

KIA FORTE 2021

Edmunds editors say: The Forte is a small, grown-up sedan that’s fantastic value considering its many features and long warranty. Other highlights include a comfortable and quiet interior and easy-to-use technological features. However, it lags behind the main competitors in terms of driving dynamics, ride quality and rear legroom.

Buying Tickets: The Forte’s savings may not seem spectacular, but in this price range, every dollar can make a difference.

Average monthly finance payment: $ 410

Average Monthly Lease Payment: $ 268

Savings: $ 142 per month

EDMUNDS SAYS: We generally don’t recommend leasing as a long term solution to save money, because at the end of the day it’s more expensive since you never own the vehicle. But the reality is that buying a car in today’s unusual climate is a more expensive proposition than it was a few years ago.

This story was provided to The Associated Press by the Edmunds automotive site. Ronald Montoya is the editor of consumer advice at Edmunds. Twitter: @ ronald_montoya8.

Bowen, Miclette & Britt leased 35,926 square feet at 2800 N. Loop West for the relocation of its head office from 1111 N. Loop West. Jon Silberman of NAI Partners represented the Tenant, an insurance agency with other offices in Louisiana, Arkansas and Florida. Bowen. Brian Strait of Lincoln Properties represented the owner, Hertz Investment Group.

Soft-Tex International, a producer of bedding products based in Waterford, NY, has opened a 170,000 square foot manufacturing facility at 1407 Gillingham Lane in Sugar Land. Beau Kaleel and Brooke Forrest of Cushman & Wakefield represented the owner, Sugar Land Industrial Properties. John Nicholson of Colliers International represented the tenant. The facility, which will create 150 jobs throughout 2021, will be used as a model for two more U.S.-based facilities by the end of 2022 to further increase the company’s domestic production.

On HoustonChronicle.com: Venterra Realty buys land from Cypress for apartment development

Based in Dallas Civitas Capital Group acquired Territory at Greenhouse, a 288-unit, 13-building garden-style apartment complex located at 2500 Greenhouse Road in West Houston. Rootvik Patel and Chandler Kyser led the transaction for Civitas. Marcus & Millichap represented the seller, Maple Creek Apartments LLC, and arranged the financing.

Small 3D Machines leased 5,007 square feet at 5151 Mitchelldale. Jeff Kuper of Lee & Associates represented the tenant. Justin Harrity represented the owner, Hartman Income REIT.

Jang W. Kim, an individual, leased 3,989 square feet at 16420 Park Ten Place. Sarah Seo of HomePlus Realty Group represented the tenant. Ami Figg represented the owner, Hartman Income REIT.

BRS United States leased 3,382 square feet at Two Memorial City Plaza at 820 Gessner. The owner, MetroNational, was represented internally by Warren Alexander and Brad MacDougall. Mark Kidd Sr. and Mark Kidd Jr. of M Kidd Properties represented the tenant.

ATCO Energy signed a 7 acre ground lease for the 3004C Aldine Bender. Jake Wilkinson of NAI Partners represented the tenant.

Slate & Associates Holdings purchased a 2,700 square foot office building at 1635 Dunlavy in Montrose for their family law practice. The seller, 1635 Dunlavy LLC, was represented by Ryan Neyland of Davis Commercial Real Estate

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In 2003, the Hawaii legislature passed Bill 90. Its intention was clear: to ensure the long-term productive use of public farmland. Bill 90 ordered the transfer of state-owned agricultural leases to the Hawaii Department of Agriculture. The aim was to provide farmers and ranchers with a guarantee that their leases would support the continuation of agricultural production.

But 18 years after Bill 90 was passed and passed, nearly 100,000 acres of public pasture and leased farmland remain under the management of the Hawaii Department of Lands and Natural Resources. The DLNR also controls additional unencumbered agricultural land – land that is zoned agricultural but not leased for agricultural purposes.

Why is the transfer of agricultural land from DLNR to HDOA important? Because with the constant decrease in the amount of grazing land, we must ensure that the agricultural land in current production remains in production.

To put it in perspective, DLNR currently manages 1.97 million acres in conservation, which is 48% of the state’s land mass. DLNR’s mission is “to enhance, protect, conserve and manage Hawaii’s unique and finite natural, cultural and historical resources held in the public trust for present and future generations of the people of Hawaii, and its people. visitors, in partnership with others from the public and private sectors. Nowhere in this mission is the DLNR responsible for supporting food production.

Understandably, the HDOA is set up to support agriculture, with a mission to “further expand the role of Hawaii’s agricultural industry for the benefit of our island society by diversifying the economy. , protecting resources important for agricultural production and gaining greater autonomy. -food insufficiency and production of renewable energies.

This is exactly what Law 90 was trying to achieve when it facilitated the transfer of agricultural land to HDOA – a simple solution to ensure that those who lease land for agricultural activities are supported for long-term productive use. lands. The terms of the HDOA lease are appropriate for production-based agriculture, with longer terms to accommodate the planning required for agriculture and prioritized for food production.

Decrease in ranch land

In 1937, Hawaii had over 2 million acres of pasture on public and private land. In the 1980s, the amount of grazing land in the state was 1.1 million acres. In 2015, that number exceeded just over 750,000 acres. Today, a full census is not available, although HDOA reports an increase of 412 acres of pasture on Kauai, a decrease of 429 acres on Oahu, and a decrease of 2,202 acres on the island of Hawaii due inactivity and conversion to other uses.

Hawaiian ranchers are close to the basics of life: their relationships with one another, the land, and the community. Some have taken over the land leases their parents started, and some are first generation ranchers who want the land they work on to remain in active production after they leave.

But imagine trying to breed cattle with a license revocable from month to month. Imagine trying to run a farm on a short term lease.

DLNR has indicated that it is prepared to transfer some acreage to HDOA. But it has 68 leases, representing 77,200 acres, which are not scheduled for transfer.. The terms of these leases vary, but 70% of them are 30-day revocable licenses. The few ranchers lucky enough to have general leases have terms ranging from 20 to 55 years, but 84% of those general leases expire within the next decade.

And if the leases are revoked and the day-to-day management of the land ceases, even if a lease is subsequently renewed, it is difficult to come back later and get the land back to working order.

When ranchers were asked how they could benefit from transferring their leases to HDOA, the common thread was very clear. By transferring the leases to the appropriate agency for agriculture, ranchers would have the confidence to make long-term improvements to the land and ensure that ranching continues.

Many have made costly improvements to land or water infrastructure and roads, even on short-term leases, despite the risk. A survey of seven tenants showed they had collectively invested more than $ 3 million in water infrastructure, nearly $ 3.5 million in weed control and several hundred thousand dollars in soil amendment.

This hydraulic infrastructure has proven to be vital in controlling forest fires, and weed control and soil improvement fit well with DLNR’s mission – a mission DLNR has limited resources to accomplish.

How much food are we talking about?

Tracking large-scale food production is not straightforward, but it is something that we need to improve so that we can understand the landscape.

In an example of a lease we looked at, the ranch produced enough beef in one year for 2.8 million school meals through the Aina Pono program.

In another lease, the ranch produced enough beef for 460,000 school meals in one year.

Some ranches raise calves to send to the mainland for further growth and slaughter (called a cow / calf farm). This is due to many factors, including the type of land and fodder, processing capacity, and trust in land tenure. It also allows flexibility during drought.

Even when the ranches operate on the cow / calf model, they still provide beef locally when they process their older cows and steers here for consumption. Meanwhile, herd management continues to provide ecosystem services – using livestock to improve soil health and rotational grazing to sequester carbon.

Raising an animal on grass throughout processing in Hawaii currently costs 60% more than sending a calf to the mainland, even when transportation is factored in. In a 2019 ranchers survey, many wanted to increase the number of cattle raised in Hawaii for local consumption.

DLNR objectives and conservation lease requirements can be achieved through HDOA leases.

Well-managed rangelands can sequester carbon while producing food.

Rotational grazing and regenerative breeding can sequester carbon underground where pastoralists actively work. This underground carbon storage is more stable than aboveground storage, and rangelands store a higher proportion of carbon underground than other ecosystems.

On well-managed pastures, Hawaiian ranchers also work to eliminate invasive species and control wild ungulates on the land they lease.

When normal life came to a halt due to the COVID-19 pandemic, ranchers quickly adapted to continue their operations while ensuring the safety of their staff. The nature of animal production meant that they had beef ready to supply to the community. This is the kind of resilience we need in an island economy that is susceptible to disruption.

The state wants to increase local food production. The transfer of agricultural land to the Ministry of Agriculture is a logical step in ensuring that agriculture is supported.