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.

8 Tips to Teach Your Teen Smart Spending 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? Photo of Simon Zhen Simon Zhen What Are the Most Common HELOC Fees? It is possible to get a HELOC that doesn't charge any application or closing 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? Learn the differences between MMA accounts and CDs accounts, pros and cons keeping money in each type of the account and where to maximize it. 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 Photo of Simon Zhen Simon Zhen 10 Tips How to Manage Your Money During the Holidays Celebrating a meaningful Christmas doesn't necessarily suggest dipping low into... 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? Beware the unexpected bank closings during the Christmas holidays. Some banks close early on Christmas Eve. Others never open. How to Choose the Best Travel Rewards Credit Card for You. Photo of Simon Zhen Simon Zhen How to Choose the Best Travel Rewards Credit Card for You. There’s an undeniable allure of a luxurious trip to some exotic destination that’s...