Moon in 2nd house is not a good placement for Moon since it gives lots of wasteful spending habits to a person, and they can’t control their spending. However, the person usually is born in a wealthy family, but they are very extroverted, especially in Leo and Gemini's sign.
The 2nd House in Astrology denotes family, fixed assets, speech, family business, possessions of things, throat, this also includes married life (some only count 7th house as marriage house, but 2nd and 4th is also important as they rule the home life in eastern astrology) This house is also death inflicting house (Marka House)
Marka simply means houses that mentally &physically kill you, as 2nd represents the family, it will make you work, think, argue, fight and disagree with people in your family if it is ill in your chart. The negative aspect of such a house can drain any person to their death.
The second house in Vedic Astrology represents the family we are born into, which we get immediately after birth. Along with the family, we also get the social status of that family that determines to a certain extent our financial future. Therefore wealth is signified too. Physically, the face is part of the body next to the skull. The face, eyes, nose, and mouth are all signified here, and so are eating and speaking, which are done with the mouth. The correspondence with Taurus (fixed, Earthy, and ruled by Shukra. (Venus)) adds to the signification of wealth and luxuries. You have the Moon in this house; therefore, it is an important house.
Moon in Astrology shows the way you think and react to the situation. How emotional or unemotional you are depending upon the condition of the Moon. The Moon is also a watery planet, as it controls the sign of Cancer. The Moon controls the government. Since it is not as strong as the Sun, it represents our local or state government versus the federal government.
Moon in Vedic Astrology represents your mother, or motherly figures, your emotional response to your environment, and your imagination since the Moon is your mind. The Moon shows the way you think and react to a situation. A good moon in your horoscope or birth chart in astrology will make the following things benefic or auspicious, i.e., your relationship with your mother and your mind will be calm & you will be a creative being. If the moon is unfavourably placed in your horoscope, then it may ruin the relationship with your mother.
Read more about Moon in Vedic Astrology.
Note: The degree of auspiciousness and inauspiciousness will depend upon a complete analysis of the horoscope (birth-chart).