Articles by Simon Zhen

Simon Zhen is the chief research analyst for MyBankTracker and an expert on consumer banking products, bank innovations, and financial technology. Simon has contributed and/or been quoted in major publications and outlets including Consumer Reports, American Banker, Yahoo Finance, U.S. News - World Report, The Huffington Post, Business Insider, Lifehacker, and AOL.com. Education: Education: B.S. in Health Sciences from Stony Brook University.

How to Determine If You Have Too Much Debt Pay attention to the warning signs that you may be carrying to much debt. Determining how much debt you have will allow you to build a debt management plan. I'm In Over My Head. Who Can Help? Photo of Simon Zhen Simon Zhen I'm In Over My Head. Who Can Help? Do whatever you can to avoid bankruptcy. You’ll extinguish your debts, sure, but... Is My 401(k) Plan a Rip Off? Photo of Simon Zhen Simon Zhen Is My 401(k) Plan a Rip Off? Worried that you’re getting ripped off by your 401(k) plan? We can’t blame you.... Asset Allocation vs. Diversification Investment Strategies While similar, “diversification” and “asset allocation” offer different investment strategies. When Choosing a Credit Card With a Higher APR Makes Sense How Much Should You Contribute To 401k Plan? Photo of Simon Zhen Simon Zhen How Much Should You Contribute To 401k Plan? It’s the question that seemingly drives the entire investment industry -- how much... What Is an Umbrella Insurance Policy and Is It Right for You? Photo of Simon Zhen Simon Zhen What Is an Umbrella Insurance Policy and Is It Right for You? In today's highly litigious society, you can really never be too careful. As a single... What is an IRA? Traditional vs. Roth Traditional IRAs and Roth IRAs are two types of IRAs for savings for retirement. Both offer different types of tax benefits, so choose wisely. When Should I Start Saving For Retirement? When should I start savings for retirement? As soon as you can. The sooner you start, the better off you’ll be. How Much Money Will I Get From Social Security? Photo of Simon Zhen Simon Zhen How Much Money Will I Get From Social Security? Wondering how much will you get from Social Security? Here's the answer: Not...