T-Mobile Launches Banking Service, Many Scratch Head in Confusion
By on January 22, 2014

T-Mobile announced today it wants to be your new bank. Sounds odd to you? It should. In a weird “you should really investigate further, but this is still an intriguing service” kind of way. But I’ve done the homework for you and broke it down in an easy to understand way. What is it? Through […]

C-Note: Setting the Record Straight
By on February 14, 2012

When I would go to the market or shopping with my mom when I was little, I always remember when my mom would pull out her checkbook ledger after she handed the cashier a check (this was when people still used checks on a regular basis) to record the spending. It was automatic: Write check, […]

J.C. Penney’s Problems Are Larger Than Just Pricing
By on February 8, 2012

(All Images Courtesy of J.C. Penny)  Last month, J.C. Penney announced plans to end the barrage of sales that the company promotes every year in their department stores in favor of everyday low pricing. CEO Ron Johnson, formerly of Apple, has the unenviable task of turning around the stodgy and tired retailer, which ran an […]

Welcome New 2MF Writer: Christina Huh
By on February 2, 2012

Just wanted to take a moment to welcome the newest addition to the 2 Minute Finance family, Christina Huh. She will be posting about her finances and other musings in the “C-Note” area of blurb section on a weekly basis. I had chance to interview Christina over e-mail about her new C-Note series. Here’s what […]

Memo to Personal Finance Bloggers re: Suze Orman Twitter Feud & Proper Disclosure
By on January 12, 2012

(Image courtesy of TheApprovedCard.com) MEMORANDUM To: Personal Finance Bloggers From: Bobby Lee – Host, 2 Minute Finance Date: January 12, 2012 Re: #OrmanGate2012 & Disclosing Profits (Call to Action) What a week it’s been so far in the Personal Finance (PF) blogsophere! Suze Orman vs. our #FinFam…what an interesting series of tweets. (If you missed […]

What is the Actual Cost of Lexus’ Red Gift Bow?
By on December 23, 2011

Every year, it seems like Lexus buys up every available ad space on television to run its holiday spots. You remember these ads, right? They try to get you to buy a car and gift it with a pretty red bow on top. Like this one: (Courtesy Lexus on YouTube) While buying a car may […]

Wells Fargo, Credit Suisse Financing Payday Lending Growth
By on December 16, 2011

(Courtesy rinkjustice on Flickr) On a cold October morning at a suburban hotel ballroom in Chicago, a representative from payday lender ACE Cash Express took to the stage to give a carefully worded presentation about payday loans and how they could be used responsibly as part of a customer’s financial toolkit. As a sponsor of […]

Why Did American Airlines File for Bankruptcy?
By on November 29, 2011

It’s no secret that the cost of flying has skyrocketed. Fliers see it in their ticket prices, increased fees and a lowered level of service. But when one of the nation’s largest airlines decides to file for bankruptcy, it raises a lot of eyebrows about the state of industry. Let’s break down American Airlines’ bankruptcy […]

Black Friday Violence: Why the National Retail Federation is to Blame
By on November 28, 2011

Screengrab from dchadd427’s video on YouTube. Incident showing a man being taken down by police in a Buckeye, Arizona Wal-Mart. Another year, another Black Friday marred with violence. The shopping stories that surfaced these past few days sounded like they were written for a bad horror movie.  A grandfather bloodied by an off-duty police officer, a […]