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.

Best 1-Month CD Rates 2023: Worth Considering for Short-Term Savings? Find out which banks offer the best 1-month CD rates for extremely short-term savings, especially since the interest rates tend to be lower than other options. What is a CD Ladder and How to Use It to Maximize Yields Photo of Simon Zhen Simon Zhen What is a CD Ladder and How to Use It to Maximize Yields Laddering your CD portfolio is a good way of taking advantage of the highest CD... Building Savings vs. Pay Down Debt: Which is Better When You Have Extra Cash Photo of Simon Zhen Simon Zhen Building Savings vs. Pay Down Debt: Which is Better When You Have Extra Cash When you have extra cash to help better your finances, you may be left with many... Coronavirus Guide to Navigating Your Finances in Uncertain Times Take control of your personal finances amid a tough financial times caused by the coronavirus pandemic. How to Use a Money Market Account to Reach Your Savings Goals Learn how you can use a money market account as part of your strategy to reach your savings goals faster. Expecting a Tax Refund? Don’t Worry About Missing the Filing Deadline Photo of Simon Zhen Simon Zhen Expecting a Tax Refund? Don’t Worry About Missing the Filing Deadline Tax Day has come and it’s no surprise that today happens to be one of the busiest days... Bank ATM Cash Withdrawal Limits & How To Get Around It Photo of Simon Zhen Simon Zhen Bank ATM Cash Withdrawal Limits & How To Get Around It Ever wonder why maximum ATM withdrawal limits exist? The reason is that it is... How to Avoid Savings Withdrawal Fees MyBankTracker explains why savings withdrawal fees happen and how to avoid incurring them. Which Bank Fees Are Tax Deductible?. Are there any tax deductible bank fees? If you aren't self-employed only certain bank products that may impose fees are tax deductible. Should You Consolidate Your Debt? Photo of Simon Zhen Simon Zhen Should You Consolidate Your Debt? Many financial advisors will say that you should never consolidate your debt, that...