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.

Should You Give Your Child an Allowance? 8 Tips to Teach Your Teen Smart Spending Photo of Simon Zhen Simon Zhen 8 Tips to Teach Your Teen Smart Spending There are many ‘talks’ parents are expected to have with their teen before they... How to Create a Budget With 3 Simple Steps Photo of Simon Zhen Simon Zhen How to Create a Budget With 3 Simple Steps Budgeting is a simple way to monitor spending and an effective way to increase... What Are the Most Common HELOC Fees? What is Direct Deposit and How Does It Work? With the emphasis nowadays on getting things done using faster and more convenient ways, millions of Americans have discovered a great alternative for fund transfers – direct deposit. Money Market Accounts Vs. CDs: Which is Better? Photo of Simon Zhen Simon Zhen Money Market Accounts Vs. CDs: Which is Better? If you have some extra money scattered throughout various accounts, it might be... CD Vs. Savings Account: Which Is The Better Option For You? Photo of Simon Zhen Simon Zhen CD Vs. Savings Account: Which Is The Better Option For You? As with any type of bank account, the trade-off between a CD and a savings account... 10 Tips How to Manage Your Money During the Holidays What is Covered by Credit Card Insurance Is your credit card giving you the best travel perks and protections? Read on to find out, and to learn how to find the best travel rewards credit card for you. Are Banks Open Christmas Eve and Christmas Day? Photo of Simon Zhen Simon Zhen Are Banks Open Christmas Eve and Christmas Day? Christmas is just around the corner and you’re probably running around trying to...