Tim Hong | Source | Chief Product Officer at MoneyLion
Tim Hong
Timmie (Tim) Hong joined MoneyLion in 2015 and serves as its Chief Product Officer. Prior to joining MoneyLion, Mr. Hong was a part of the founding team of Tsumobi from 2011 to 2015, where he was responsible for growth, marketing, product and analytics. Previously, Mr. Hong was Senior Vice President of Product Development and Analytics at EmSense Corporation. Mr. Hong holds a Master of Science in Management Science and Engineering from Stanford University and a Bachelor of Science in Materials Science, Engineering and Physics from MIT.
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MoneyLion
Chief Product Officer
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MoneyLion's Tim Hong Offers Tips to Avoid Tax Bill Shock
Tim advises reviewing your budget to cut nonessential expenses and building an emergency fund. For large tax bills, consider an IRS payment plan. To avoid future surprises, adjust withholdings, set aside income for taxes, and use high-yield savings. "Staying organized and planning ahead can help reduce your tax burden and eliminate future surprises," Tim says.
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Since 2008, there’s been an unbundling of the bank — when startups took out part of what was reserved for the bank, and made it more convenient and cheaper put it on mobile apps, but what we’re seeing now is the trend around the re-bundling of the bank — how do you bring together different financial products and advice to solve these bigger goals?
