The second order planar nonlinear affine control problem is studied. A homogeneous robust finite-time stabilizing control is developed for the most general case of matched and, the more challenging, mismatched nonlinear perturbations. A homogeneous observer is designed for the planar system. Explicit restrictions on the observer gains and nonlinearities are presented. The main contribution lies in the proposed combination of the explicit and implicit Lyapunov function methods as well as weighted homogeneity while providing finite-time stability analysis. Theoretical results are supported by numerical simulations.