Two Minute Money

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Between the ages of 21 and 34 there will be dozens (if not hundreds) of money-related issues that you will be dealing with for the first time. Two Minute Money will square you away with explanations and tips that’ll give you a definite advantage. Two Minute Money uses dynamic, real-life infographics to breakdown topics like how to improve your credit score, save for a big purchase and more.

  • Two Minute Money: How do I start paying my student loans?
    Yahoo Finance27 days ago

    Two Minute Money: How do I start paying my student loans?

    You've graduated; congratulations! Now you have to figure out how to pay back the loans you've taken out for school. There's good news: you've got a lot of different ways you can pay it back.

  • Two Minute Money: Do you need flood insurance?
    Yahoo Financelast month

    Two Minute Money: Do you need flood insurance?

    Flooding is the most common natural disaster in the U.S. It affects 98 percent of American counties, and homeowners insurance doesn't cover flooding. Are you part of the uninsured majority?

  • Two Minute Money: What is a credit union?
    Yahoo Financelast month

    Two Minute Money: What is a credit union?

    Sick of paying bank fees? A credit union might be the right choice for you, but make sure you know what they are before you ditch the big banks.

  • Two Minute Money: Do You Need Life Insurance?
    Yahoo Finance2 months ago

    Two Minute Money: Do You Need Life Insurance?

    It's weird to plan for your own death, but if you have a family and people who depend on you, it can be an important part of your financial plan.

  • Two Minute Money: How do you rollover an old 401K?
    Yahoo Finance2 months ago

    Two Minute Money: How do you rollover an old 401K?

    Do you have an old 401K lying around? Rolling a 401K into an IRA gives you complete control over your money. IRAs tend to offer more selection for your investment compared to 401Ks, which are typically more strictly managed, and several IRA accounts have very low fees.

  • Two Minute Money: What is COBRA?
    Yahoo Finance2 months ago

    Two Minute Money: What is COBRA?

    You lost your job, and that means you lost your health insurance too. One word you’ll hear a lot is COBRA, and no, we’re not talking about the snake. It requires any private company with more than 20 employees that already provides health insurance to offer continuation coverage.

  • Two Minute Money: How to navigate your first mortgage
    Yahoo Finance2 months ago

    Two Minute Money: How to navigate your first mortgage

    Unless you have a lot of money saved up, you'll need a mortgage to buy a house. Here's what you need to know.

  • Two Minute Money: Will I get paid for jury duty?
    Yahoo Finance2 months ago

    Two Minute Money: Will I get paid for jury duty?

    You’ve been selected for jury duty, and you’re required to show up. The good news is you’re entitled to payment for your jury service. If you’re summoned for jury duty in a federal court, you will get paid at least $40 a day.

  • Two Minute Money: Protecting yourself and your business from lawsuits
    Yahoo Finance3 months ago

    Two Minute Money: Protecting yourself and your business from lawsuits

    Make sure your business plan accounts for liability. You’ve got options, and we talked to author and businesswoman Christy Wright about them. Most small, new businesses will incorporate as a limited liability corporation, or an LLC. “When you incorporate, it’s a way to legally separate your business

  • Two Minute Money: How to fill out your W-4
    Yahoo Finance3 months ago

    Two Minute Money: How to fill out your W-4

    The W-4 is the form that tells your company how much federal income tax to withhold from your paycheck to send to the federal government. It’s determined based on your marital status, number of dependents and how many jobs you have. A W-4 calculates how much federal income tax to withhold from your

  • Two Minute Money: How to get into the stock market
    Yahoo Finance3 months ago

    Two Minute Money: How to get into the stock market

    Want to invest in the stock market but don’t know how? To invest on your own, you’ll need to open a brokerage account, which you can do online through several companies like Vanguard, E-Trade or Fidelity. Most investment accounts have fees, and some charges are more common than others.

  • Two Minute Money: Should you get insurance when you rent a car?
    Yahoo Finance3 months ago

    Two Minute Money: Should you get insurance when you rent a car?

    Welcome to Two Minute Money, Yahoo Finance’s new personal finance series offering quick explanations for some of the most important questions involving your money.

  • Two Minute Money: How secured credit cards work
    Yahoo Finance4 months ago

    Two Minute Money: How secured credit cards work

    You want to rebuild it by getting a new credit card, but the only ones you seem to qualify for have crazy interest rates and high fees. Secured credit cards are backed by cash collateral, which serves as a line of credit. Your credit limit is usually same as the amount of collateral you’ve paid.

  • Two Minute Money: How unemployment insurance can help keep you afloat
    Yahoo Finance4 months ago

    Two Minute Money: How unemployment insurance can help keep you afloat

    Well, you’re technically unemployed, but there is a safety net in place to help you out: unemployment insurance. Unemployment insurance is a joint venture between the federal government and your state that provides benefits while you’re looking for a job. The benefits come from the state but are funded

  • Two Minute Money: What is disability insurance?
    Yahoo Finance4 months ago

    Two Minute Money: What is disability insurance?

    Your health insurance will cover some of the medical bills, but what about any lost wages? It’s called—you guessed it—disability insurance. Disability insurance keeps money coming in if you get hurt or injured.

  • Two Minute Money: How a SEP IRA can help you save for retirement
    Yahoo Finance4 months ago

    Two Minute Money: How a SEP IRA can help you save for retirement

    You’ve launched your own business and love being self-employed, but you’re not sure where to start when it comes to saving for retirement. The good news is you’ve got options, including a Simplified Employee Pension Individual Retirement Account, or SEP IRA. A SEP IRA similar to a traditional IRA,

  • Two Minute Money: Work solo? A Solo 401(k) might be for you
    Yahoo Finance5 months ago

    Two Minute Money: Work solo? A Solo 401(k) might be for you

    It’s called the Solo-401(k), and it essentially lets you stow away money for retirement by yourself instead of relying on a company-sponsored account. A Solo-401k is just one of several retirement options available for sole proprietors and freelancers who don’t have any full-time employees. Don’t worry

  • Two Minute Money: Why you probably need renters insurance
    Yahoo Finance5 months ago

    Two Minute Money: Why you probably need renters insurance

    Did you know that if there’s a fire in your apartment or building, your landlord’s insurance likely won’t pay for your property losses? This coverage usually compensates you if your belongings in your apartment or rental home are unexpectedly damaged, stolen or ruined. Plans can also cover costs incurred

  • Two Minute Money: How to beat credit card fraud
    Yahoo Finance5 months ago

    Two Minute Money: How to beat credit card fraud

    If you see charges on your credit card statement that you don’t remember making, you may have fallen victim to credit card fraud, and you’re not alone. When you notice unusual charges, the first thing you should do is call your credit card company. Most credit card companies will text or call you if

  • Two Minute Money: Switching banks
    Yahoo Finance5 months ago

    Two Minute Money: Switching banks

    Check to see if your new bank has a switch kit—checklists and forms that can streamline the process of moving to a new bank. If you do, leave enough money in your old account to cover them and any possible maintenance fees.

  • Two Minute Money: Bank fees
    Yahoo Finance6 months ago

    Two Minute Money: Bank fees

    Often the most costly fees are overdraft charges, which hit you when you spend more than you have available in your account. Many banks offer overdraft protection, in which the bank will cover the amount owed using funds from another one of your accounts or credit card. The thing about overdraft protection

  • Two Minute Money: Budgeting
    Yahoo Finance6 months ago

    Two Minute Money: Budgeting

    Welcome to Two Minute Money, Yahoo Finance’s new personal finance series offering quick explanations for some of the most important questions involving your money.

  • Two Minute Money: Save for college with 529 plans
    Yahoo Finance6 months ago

    Two Minute Money: Save for college with 529 plans

    Check out a 529 college savings plan (named after Section 529 of the Internal Revenue Code) which is versatile and offers a lot of tax benefits. There are two types of 529 plans: pre-paid tuition plans and college saving plans. A prepaid 529 tuition plan allows you to buy credits at certain colleges

  • TWO MINUTE MONEY: Health care 101
    Yahoo Finance6 months ago

    TWO MINUTE MONEY: Health care 101

    If you feel sick, get a rash or need any kind of medical procedure, you set up an appointment with your primary care doctor and have him or her refer you to a specialist, if needed. Like most insurance plans, HMOs typically make you pay all out of network costs. Out-of-network refers to any doctor

  • TWO MINUTE MONEY: Tackle your credit card debt
    Yahoo Finance7 months ago

    TWO MINUTE MONEY: Tackle your credit card debt

    Welcome to Two Minute Money, Yahoo Finance’s new personal finance series offering quick explanations for some of the most important questions involving your money.