Let's talk money
Talking about money can be pretty awkward, especially if you're not familiar with all the lingo we use in banking. But the reality is that talking about money shouldn't be that awkward, nor should understanding money management require an accounting degree. That's why we're committed to sharing with you everything we've learned from serving Long Island for over 80 years.
Whether you're just getting to know us, and trying to understand the differences between a credit union or bank, or moving onto big investments, like buying your first home, we have some tips to help you on your way.
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!)
Don’t skip this video! Jo from Jovia explains budgeting. Like it or not, budgeting is necessary to keeping a well-ordered financial life. And, its not as difficult as you might think, thanks to Jo’s explanation of the “50-30-20 rule!” Remember this. You’ll be glad you did.
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.
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.
Have you wondered what some of those financial acronyms actually mean, but were afraid to ask? Jo from Jovia explains a number of them in this video (along with an entertaining tongue-twisting listing of them that’s worth the watch).
How to Get By In an Emergency: Personal Loan or Credit Card?
We know unexpected expenses, by nature, can come out of nowhere. Your check engine light comes on, and your car requires you put another thousand dollars into keeping it on the road. Or, your air conditioner gives up during the longest heatwave you can remember. No matter what causes these personal catastrophes, they all have one thing in common: They’re expensive.
Securing Your Holiday Travel Itinerary: Protecting Personal Data on Booking Websites
The holiday season witnesses a surge in travel, with millions of people taking to the skies, roads, and railways to visit loved ones or embark on winter getaways. However, this peak travel season also witnesses a surge in cyber threats, as hackers take advantage of the increased online activity.
Digital Holiday Gifting: Securing Virtual Presents and E-cards
In today's digital age, our holiday traditions have undergone a transformation. More and more people are turning to online platforms for their gift-giving needs.
How to Protect Yourself from Online Scams on Payment Apps
Peer-to-peer (P2P) platforms, like Zelle, Venmo, and PayPal, have made life so much easier for many consumers. They have eliminated the hassle of having to go to an ATM or write a check to pay someone back
Benefits of Opening an Online-Only Savings Account
Over the past few years, online-only savings accounts have been gaining traction and popularity. Many banks and credit unions now offer online savings accounts. So you may be wondering, what is an online savings account, and is it right for me?
All You Need to Know About Check Washing
Despite the increasing digitization of money management, there is still a place in the economy for paper checks – and along with them, check-washing scams.
5 Steps to Take After a Data Breach
Data breaches show up in the news pretty often these days. According to Risk Based Security’s Mid-Year Data Breach Report, there were over 1,700 publicly reported breaches in the first half of 2021. Learn how you can protect your information.
5 Ways to Avoid Credit Card Fraud this Holiday Season
With the holiday shopping season heading into its final frenzied stretch, scammers are out in full force to take advantage of busy shoppers. In particular, credit card fraud tends to increase during this time of year.
How you can make the most of your money
Nowadays, it can seem like money comes and goes quickly. So, learning to stretch your dollars and budget can be an important step in building a brighter future. At Jovia, we want to help you reach those financial milestones, both big and small, no matter where you are in life.
How to Teach Children to Save Money
As adults, we know how important it is to save and find ways to feel financially secure. However, getting children on the same page might be challenging. It can be hard for them to grasp the value of money, and it’s our job, to prepare them as best we can for a bright financial future.
What is a Term Certificate?
No one wants to play around with their savings. You work hard for your money, and if you’ve built up a sizable nest egg. Now, you’ll want to put it somewhere safe where it will have the best chance at growth.
5 Things You Need to Know About Auto Loans
In the market for a new car or truck? Then you’re likely also shopping for a car loan, too. Your auto loan will affect your monthly budget for the full term of the loan, so it’s important to do your research and make an informed decision before finalizing it. Here’s some helpful information to consider when deciding on an auto loan.
Credit Card Tips for Beginners
Using your credit cards responsibly is a great way to boost your credit score and improve financial wellness. Let's review the best habits when it comes to using your credit card.
Should I Buy An Electric Car?
Is a good time to consider purchasing an electric car. This is a question thousands of drivers are considering as gas prices peak.
Tips on How to Spot and Prevent Fraud
Keep your information safe & secure with these tips on fighting fraud.
Should I Open An IRA?
No matter what life or career stage you are in, it’s always a good idea to think about your financial future and how you can save for retirement. Knowing how to get started can be overwhelming even if you’re familiar with some types of retirement accounts. This article will answer the most commonly asked questions when deciding to open an IRA, explain the benefits of IRAs, and guide you through the first or next step on your financial journey with confidence.
Fighting debit card fraud
Unfortunately, in today’s world, fraud and identity theft are a common occurrence, and that can make the world seem like a scary place. However, with a vigilant attitude and the right precautions, you can help protect yourself from being a victim of debit card fraud. Read this article to learn more about how to keep yourself safe.
What can I use a personal loan for?
Thinking about applying for a personal loan, but you’re unsure what you can use it for? You’re not alone. Personal loans are flexible and can be used for just about anything. Learn the common situations a personal loan can be used for and how it can help you financially.
The smartest way to pay off student loans
While some believe the experience of a college education is priceless, those with student loan debt may not agree. Whether you’re about to start making student loan payments or you have been trying to make a dent in the amount you owe for years, these tips on to how to pay off student loans can help you determine the best way to pay off your loans faster. What an exciting thought!
How to join a credit union
Looking for a place to stash your cash and wondering if a credit union is right for you? Credit unions offer great rates, personalized service, and are usually located where you live and work. This article will explain how to join a credit union and what it means to be a member at Jovia.
How to save for a wedding
Planning a wedding in the near future? Congratulations! This is an exciting time full of new beginnings, arrangements to coordinate, and expenses to consider. Our guide will explain how to set a wedding budget and open a savings account, so you can start saving for your walk down the aisle.
How couples manage money
So, you’re coupled up and excited to share your life with your significant other, happy times! Whether you’re in a long-term relationship or beginning something new, there’s more to think about besides combined living spaces, daily routines, and remembering whose turn it is to wash the dishes. Deciding how to collectively manage finances as a couple is an important part of any relationship. This article will discuss the pros and cons of individual and joint bank accounts so you can determine what’s best for you.
How to budget for the holidays
‘Tis the season! The holidays are full of hope, joy, food, family, shopping, and, let’s not forget, stress! It’s a time known for giving and receiving, and if you’re thinking about planning for the holidays, especially in times of economic uncertainty, you’re not alone. We’ll explain how to budget for the holidays, so you can give without getting into debt.
Setting up savings accounts
The importance of saving money for your future and the basic knowledge of how savings accounts work may be well known, but a frequently asked question when starting to save, is how many savings accounts should I have? Learn why you may need more than one savings account, how much money you should have in each, and how to set them up in this article.
How to stay on top of your credit
Our credit follows us through life and captures the good, the bad, and the ugly. That’s why it’s important to stay informed of your score and on top of your credit reports. Credit monitoring helps millions of individuals, just like you, understand their finances, catch potential fraud, and alert them to changes in their score. Learn the benefits of credit monitoring and how to get started monitoring your accounts.
How to prevent identity theft
Living in a digital world makes us more susceptible to having our personal information stolen without even realizing it. In the US, 33% of adults have experienced identity theft. Read this article to learn how to prevent identity theft, and what to do if it happens to you.
Personal cybersecurity tips
Did you know there is a new victim of identity theft every two seconds? While our digital world helps make our lives more convenient, it also forces us to proactively look for ways to keep our personal information safe and secure. Learn more about personal cybersecurity tips in this article.
How does a home equity line of credit work
If you have recently asked yourself, what is a home equity line of credit and how does it work, you’re not alone. It’s a frequently asked question when homeowners need cash. A home equity line of credit can get you the money you need when you need it. We’ll explain the process of how it works and what it can be used for so you can determine if a HELOC is the right choice for you.
Money management for college students
The college experience is about learning, growth, and, of course, fun! What can be a very exciting time can also be overwhelming, especially if you’re on your own and managing your finances for the first time. Check out these tips on how to save money in college while having the time of your life.
How to apply for a personal loan
If you’re in need of some breathing room, a personal loan can help. Whether you’re managing unexpected expenses, making a major purchase or just want to have some fun, a personal loan can be used for almost anything. We’ll explain how to apply for a loan and what you need to get started.
Savings accounts for children
Saving for a child’s future is always a good idea, and it’s never too early to start. We’ll explain how to open a youth savings account for the children in your life, the key features to look for and how to get started.
What's the difference between a credit union and a bank?
Looking for a place to stash your hard-earned cash, but tired of banking where you’re just another customer? Maybe it’s time to invest your money in an institution where your account will give you a voice. Where’s that? Your local credit union. In this article we’ll discuss the differences between credit unions and banks and the key benefits to joining a credit union.
How to budget on a lower income
Being part of the workforce means you’ve probably seen your fair share of ups and downs. It’s not uncommon to be affected by a furlough or layoff at some point in your career. We’re here to help guide you through this challenging time so you can come out stronger. We’ll explain how to budget on a lower income and stretch your dollars further until you’re back on top again.
How to build an emergency fund
Being prepared for an emergency situation can make all the difference. Learn how to build an emergency fund and be prepared for whatever life throws your way.
What to do with your stimulus check
Congress approved a $2 trillion stimulus package in response to the coronavirus relief fund and checks are already being received by taxpayers. Learn your options for what you can do with your stimulus check here.