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.

I'm In Over My Head. Who Can Help? Avoiding bankruptcy is key to preventing long term damage to your financial health. If you have to much debt, seek assistance from a Certified Consumer Credit Counselor. 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 Photo of Simon Zhen Simon Zhen Asset Allocation vs. Diversification Investment Strategies Do you remember when you were very young, and people tried to teach you... When Choosing a Credit Card With a Higher APR Makes Sense How Much Should You Contribute To 401k Plan? 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 Photo of Simon Zhen Simon Zhen What is an IRA? Traditional vs. Roth Individual Retirement Account Way back in 1974, Congress passed a bill that... 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? Wondering how much money social security will get you. Here’s the answer: Not enough. So, what is the perfect age to start getting payouts? Avoid Debit Card Fraud By Not Swiping At These Places Photo of Simon Zhen Simon Zhen Avoid Debit Card Fraud By Not Swiping At These Places Being a victim of debit-card fraud is not an experience that any banking customers...