There are many ways to use a .jar file in NetBeans. Kaleb and trashgod have covered two of them. The important thing to do is figure out which is right for you.
If you have a random jar file that has functionality that you want to use in your project, the 'Add Jar/Folder...' option can be a good choice. Your project will become dependent on that jar file. If you start to share the project with other folks, they will need to have that jar to compile the code.
When you add a jar file to the project, the NB Java editor will be able to take advantage of it and provide code completion (display method signatures in a popup that you can select).
Taking the extra time to create a Library for the Joda Time may be a better choice in this particular case. By creating a library, you can associate the javadoc with the functionality. This makes code completion in the NB editor even more useful, since NB will show you the javadoc associated with the method signatures that you can select. Good javadoc will help you decide which method is really the right one for you. You can also associate the source of the library with the jar. This becomes very useful when you start to debug code, since you will be able to 'step into' the library code. These are great additional features that are not supported by using the 'Add Jar/Folder...' option.
Creating a library does have some disadvantages, though...
Folks that want to compile your code would need to create a similar Library, which will be a bit more work.