Learn and Grow
Grab a cup of "jo" and learn the basics of banking with Jovia
At Jovia, we’re all about keeping things simple. Meet our friend Jo. She’s here to help answer all your burning questions…okay, maybe not all your questions, but those financial literacy ones? She’s got you!
She has helpful advice that anyone can apply, no matter where they are on their financial journey. She’s breaking it down, so whether you want to learn how to manage your money, get approved for your dream home, or learn a thing or two about cybersecurity, there’s something for everyone!
Money 101
Let's talk about the basics
When it comes to your money, finding the right place for it matters! If you’re looking for a place to put your money, Jo explains the difference between a credit union and a bank, because although they have some similarities, they are also very different. Once you’ve decided where you want to put your money, you can figure out what to do with it. If you’re looking to save, Jo has some helpful and simple money management advice and budgeting basics that can help you form healthy habits.
Once you’ve established a budget and feel secure in your saving habits, Jo can help with the spending side of things! Learn about the powerful tools available, like credit cards and personal loans.
Budgeting Basics
No matter where you are on your financial journey, budgeting can help you get where you want to be. Jo’s budgeting basics can help you get started, whether it’s allocating savings and spending, setting up a rainy day fund, or using Jovia’s tools and resources to help you save. We’re here to help you build a bright financial future. One that will have future you saying, Thank you, younger self!
Credit Unions vs. Banks
What is the difference between a credit union and a bank? Jo from Jovia covers the similarities – and differences – between the two types of financial institutions. (Oh, if you live on Long Island, within our field of membership, you’ve already met one requirement to join Jovia!)
Money Management for Young Adults
Good advice can be carried for life! Jo has some great money management advice that can help you become more financially free and secure. One day, you’ll look back on the financial habits you formed in your youth and thank yourself!
Credit Management
Feel comfortable and confident with your credit
Your credit score is like your financial reputation! To financial institutions and lenders, it offers insight as to how responsible you are with your finances. Building and maintaining good credit takes time, hard work, and healthy habits. Jo’s here to help explain the factors that impact your score, like your length of credit, utilization, and payments.
Your Credit
Did you know that your credit score could be thought of as a “financial report card?” Jo from Jovia presents a checklist of what it takes to maintain a good credit score, from keeping low balances to paying bills on time. Find out more about the credit services offered by Jovia Financial Credit Union. (You’ll also have a chance to see Jo’s unusual avocado plant.)
Maintaining Good Credit
Coach Jo is talking credit scores! Huddle in and hear how to get into the credit game and improve your credit score. After all, the higher your score, the better your financial reputation. With a good score, you could be approved for new accounts and with lower interest rates. Jovia’s cheering you on with the tools and resources to help you build and better your credit!
Smart Borrowing
The power of borrowing
Once you’ve established good credit, you have the ability to access funds through loans with lower interest rates. Ready to take the wheel in new wheels? Yeah, that car could be yours with an auto loan. If you're not sure whether you want to buy or lease a car, don’t worry, Jo can help you decide which is best! Or maybe you’re looking to consolidate debt into one easy payment or pay for a course that student loans don’t cover? A personal loan can come in handy for that! Jo from Jovia is here to help explain how a personal loan can be used as your financial assistant!
Comparing Credit Cards
Looking for a credit card that fits your lifestyle? Look no further, Jo’s here to help explain the difference between a low-rate credit card and a rewards credit card. With a low-rate card, you’ll enjoy lower interest rates, and it’s great for those who are looking to make everyday purchases, consolidate debt, and/or carry a balance. Prefer to pay off your balance each month and want to earn perks for doing so? A rewards card is great for that. Jovia’s here to help you put the card that makes you feel comfortable and confident in your pocket!
Personal Loans
Jo is getting personal…about personal loans! A personal loan is a flexible financial product that lets you cover the cost of a home project, a learning course, or a major life event that other loans may not cover. You can even use a personal loan to consolidate debt into one payment. Jo can help you determine if a personal loan is right for you!
Cars... Buy 'em or Lease 'em
Ah, the always hard-to-answer question: Buy a car, or lease a car? While relaxing in her own (or leased?) car, Jo from Jovia presents a question-and-answer session about which option is best based on your needs when it comes to cars. Vroom vroom.
Home Equity and Mortgages
Unlock the home of your dreams
Have you found your dream home and are ready to make it yours? It’s a big step, but don’t sweat it. Jo explains the preapproval process and helps you figure out how much money you’ll need for your home.
Already have your dream home, but looking to give it a refresh? A Home Equity Line of Credit can help with that. Jo from Jovia explains how it can be used and even offers possible tax benefits.
Home Equity Line of Credit
What is a HELOC? It's an acronym that stands for “home equity line of credit.” That means, your home could be leveraged as a financial asset that you can use for a line of credit, complete with good interest rates and maybe even tax benefits.
Mortgage Preapproval
Buying a home is one of the biggest steps to take. And, finding the right mortgage to match is an equally important step. Jo from Jovia explains the preapproval process in figuring out how much money is needed to buy a home.
Mortgage Tips
Confused about applying for your very first mortgage? Don’t be. Jo from Jovia has the tips you should know. Learn about rates, costs, fees, types of mortgages, and…well, we don’t want to scare you, so check out the video.
Security
Keeping your information safe and secure
Knowledge is power when it comes to cybersecurity. Jo from Jovia is here to offer some basic knowledge of what to look out for when shopping online and how to guard against scammers through strong passwords and additional account security measures.
Cybersecurity Strong Habits
Jo knows a thing or two about cybersecurity! She's sharing her wealth of knowledge, so you too can stay informed and protect yourself from scammers. Learn how to build strong passwords, strengthen your accounts, and use Jovia's tools to help you do so. Remember, Jovia will never reach out to you unprompted and ask for sensitive information like your online banking credentials or account information. If it seems suspicious, it probably is! Reach out to Jovia directly to confirm any request and stay up-to-date with Jovia's Security Center.
Cyber Security
Online shopping is convenient, easy - but risky. Knowledge is power, and Jo from Jovia is here to offer some basic knowledge of what to be on the lookout for whenever you shop online, as well as how to guard against scam sites.