AMWA Member Benefits

 

Nav.it — For Your Financial Wellbeing

You’ve invested significant time and energy in your medical training and career. Now you are busy trying to meet all your responsibilities at home and work so there is just no time to focus on financial decisions. That should be so we’re here to help. Since money is a leading cause of stress, AMWA wants to provide tools that will help you incorporate good financial habits into your daily routine. For this, AMWA is partnering with Nav.it, a money coaching app that makes it easy for you to practice money mindfulness every day.


Why Nav.it?

Nav stands for, we navigate “it”, meaning life. “It” stands for all the ups and downs, injustices, barriers, and constant life challenges. Nav.it represents power, accomplishment, and the confidence you feel when you have successfully navigated a challenging situation. Whether it’s financial stressors like money management, a salary negotiation, a breakup, a relocation, a cost of living increase, or just a basic conflict over who making dinner, Nav.it is here for you.

How the Nav.it App Works

Using Nav.it helps how you talk, think, and feel about money. It will help you track your spending, create a budget, set goals, begin saving, and stay on top of your finances. At the same time. Later on, you will have the option to meet with an accredited financial coach virtually for 1:1 sessions if you want help in overcoming a financial issue, answer investment questions, or get guidance on how to reach a financial goal. Hopefully this demo linked below gives you a better sense of how Navit works. Take a Test Drive &arquo;

Want a Preview of the Kind of Information You Can Expect?

Listen to Nav.it CEO Erin Papworth in discussion with Jen Sapel, a certified financial planner, about the 5 key habits that lead to financial confidence.


Through this partnership, AMWA members will receive 6 months of free access to the Nav.it app, which will then be extended for only $1/per month for the remainder of the year of service launching November 14, 2022.

(This is an $84 annual value provided through your membership.)


As this is a member benefit, for those of you who are not yet an AMWA member or need to renew your membership

Nav.it Will Help You Establish Money Mindfulness Routines with 4 Behaviors

Reviewing Transactions

It is one thing to look at a list of transactions on your banking statements; it’s a completely different experience to interact with the process. With the Nav.it app’s Transaction Swiping, for example, you look at each purchase and review how it made you feel. Like a dating app, you swipe right on transactions you feel good about, left on those you aren’t so keen on, and up for those that are just “meh”. It’s never been easier to connect what you feel with what you spend.

Reflect on your daily mindset

With daily mindset check-ins, you will be prompted to take a moment to reflect and improve your relationship with your money. This time helps you manage any worries and anxiety so you’ll stress less throughout the day.

Customizable Budgeting

Improve the mental accounting of your money. Start with a budget calculated from the history of your connected accounts. Organize it to create a plan that helps you reach your goals.

Insights

With greater Insights, you’ll bring more meaning to your money. Once you connect an account with Nav.it, you’ll be able to swipe right (positive), left (negative), and up (neutral) on all of your transactions. The more you swipe, the more comprehensive your data gets.

Speaking of Account Connections

Nav.it employs bank-level security across all aspects of the app. Everything is encrypted; we whitelist IPs for access and utilize 2-factor authentication for all users. In short, security is our number one priority.

We’re committed to your privacy and desire for security. Here’s how we protect you:

🔒 FDIC insurance. A federally-insured banking partner backs the automated savings accounts.
🔒 Powerful security. Our best-in-class security protocols like Multi-factor authentication and account encryption, ensure Nav.it protects what is yours.
🔒 Serious privacy

  • You own your information. We promise to use it only to help set you up for success. What’s yours is always and only yours. Your data will never to shared or sold.
  • Read a promise from our founder here: Privacy and Technology.

Read more about Plaid, the platform companies like Venmo use to maintain your privacy, here.