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URL:  http://boards.fool.com/letter-to-young-couple-long-19482923.aspx

Subject:  Letter to young couple (long) Date:  8/20/2003  9:54 PM
Author:  monica3674 Number:  500 of 5138

Last month, a teacher at my school asked what kind of advice I would give her son and daughter-in-law concerning money. They just got married recently and are in their early twenties.

This is what I wrote to them. Does anyone have any other suggestions?


Dear Andrew and Carissa,
Your mom asked what type of financial advice or information I would give to two young people just starting off. I teach with your mom at Nolan, and I really like financial stuff. My name is Monica and I am 29 years old. My husband, James, and I will be married for three years on Tuesday (he's also 29.) When we were dating, we made some long-term life and financial goals.

1. When I was growing up, my mom stayed home with my sister and me until my younger sister was in high school. I knew that I wanted to stay home with my children at least until they were in school.
2. We wanted to be Financially Independent. We both like to work, but neither of us wants to have to work.
3. We want to be able to