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.

How to Create a Budget? There is no on-size-fits-all type of budget. When creating a budget you need to tailor it to your needs and financial goals. Should I Rent or Buy? Photo of Simon Zhen Simon Zhen Should I Rent or Buy? Renting and buying each have their own merits and their own pitfalls. As a renter,... Understanding Buy and Hold Investment Strategy Photo of Simon Zhen Simon Zhen Understanding Buy and Hold Investment Strategy The “buy and hold” investment strategy is when an investor purchases stocks and... Choose a Credit Card Based on Your Lifestyle Credit cards are like clothes. Not all work well for everyone and choosing the right credit card for your lifestyle will go along way. 4 Alternative Ways to Measure Your Creditworthiness Is Peer-to-Peer Lending for You? Photo of Simon Zhen Simon Zhen Is Peer-to-Peer Lending for You? With bank credit so tight, and returns in the market so low, many investors and... How to Handle Asset Allocation Photo of Simon Zhen Simon Zhen How to Handle Asset Allocation Establishing a diversified investment portfolio is the go-to method for balancing... What is a Mutual Fund? Understand the Costs of a Mutual Fund How to Claim Your Insurance After an Accident Photo of Simon Zhen Simon Zhen How to Claim Your Insurance After an Accident Accidents can be a terrifying experience for everyone involved.  Adrenaline takes over...