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.

Survey: Americans Became More in Control of Their Finances During the Pandemic A MyBankTracker survey found that the majority of Americans became more in control of their finances in the first year of the COVID-19 pandemic. Study: What Are Americans’ Biggest Financial Concerns During the Coronavirus Crisis? Photo of Simon Zhen Simon Zhen Study: What Are Americans’ Biggest Financial Concerns During the Coronavirus Crisis? The global pandemic around the coronavirus is responsible for financial stress... Study: How Common is Financial Stress in a Romantic Relationship? Photo of Simon Zhen Simon Zhen Study: How Common is Financial Stress in a Romantic Relationship? Money is considered a touchy subject in romantic relationships since it is a... Study: Consumers Wanted to Deposit More in Savings in 2020 A year-long MyBankTracker survey found that more Americans sought to deposit more money into savings. Survey: Millennials Just as Likely as Gen Xers to Use Personal Loans MyBankTracker surveys look at the demand for personal loans in the United States, especially across the different age groups. Survey Shows 3.5 Million Americans Would Go to Jail vs. Pay Off Their Debt Photo of Simon Zhen Simon Zhen Survey Shows 3.5 Million Americans Would Go to Jail vs. Pay Off Their Debt Consumer debt can be debilitating for people who struggle to pay it off. As of June... Study: More than Half of Americans Believe Children Should Manage Their Own Money Before Age 18 Photo of Simon Zhen Simon Zhen Study: More than Half of Americans Believe Children Should Manage Their Own Money Before Age 18 Financial literacy has been a hot topic for Americans who feel that money... Study: What Americans Are Most Concerned About as Interest Rates Fall Find out what Americans are most concerned about as the Federal Reserve cuts interest rates, which can affect savings, loans, and investments. Study: What Do People Want From a Credit Card? According to a survey, most people prefer to earn credit card rewards in the form of cash back instead of travel rewards or points. Study: Big Savers Want High Savings Rates, Small Savers Prefer Great Mobile Banking Photo of Simon Zhen Simon Zhen Study: Big Savers Want High Savings Rates, Small Savers Prefer Great Mobile Banking With so many savings accounts available on the market, consumers can shop...