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.

Saving for College: Coverdell Education Savings Account or 529 College Savings Plan? Should You Give Your Child an Allowance? Photo of Simon Zhen Simon Zhen Should You Give Your Child an Allowance? Every family has different opinions on whether or not their children deserve an... 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 What Are the Most Common HELOC Fees? What is Direct Deposit and How Does It Work? Photo of Simon Zhen Simon Zhen What is Direct Deposit and How Does It Work? With the emphasis nowadays on getting things done using faster and more convenient... 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? Learn the differences between Certificate of Deposits (CDs) and savings accounts, then compare each to learn which will help you reach your financial goals. 10 Tips How to Manage Your Money During the Holidays What is Covered by Credit Card Insurance Photo of Simon Zhen Simon Zhen What is Covered by Credit Card Insurance During a busy travel season, credit cards become a lot more than just convenient...