Include in the statement their net income and calculate how much money they actually bring home each month. Advise on how to avoid taxing with tax deferments. Explain to them the purpose of social security taxes and medicare taxes. Explain to them Adjustable Gross Income. Explain the difference between CD and money market accounts. Help them understand credit and how revolving credit can help or hurt them. Describe credit card grace periods and how they can use them to their advantage. Explain cash advance fees. Give them advise on their student loans and what need they do to ease the burden of repayment. Advise them on retirement and at the same time planning for their future child's college education. Further advise Tipper on whether it is finically prudent to purchase the vehicle. Provide details as to whey she should or shouldn't purchase the car. Speak to insurance matters both life, health and property losses. Advise as to the type of insurance needed if they had a home and it flooded and a car was in the garage when it flooded. Figure in how Tipper's 3% anticipated raise will work in this equation. Include in the statement their net income and calculate how much money they actually bring home each month. Advise on how to avoid taxing with tax deferments. Explain to them the purpose of social security taxes and medicare taxes. Explain to them Adjustable Gross Income. Explain the difference between CD and money market accounts. Help them understand credit and how revolving credit can help or hurt them. Describe credit card grace periods and how they can use them to their advantage. Explain cash advance fees. Give them advise on their student loans and what need they do to ease the burden of repayment. Advise them on retirement and at the same time planning for their future child's college education. Further advise Tipper on whether it is finically prudent to purchase the vehicle. Provide details as to whey she should or shouldn't purchase the car. Speak to insurance matters both life, health and property losses. Advise as to the type of insurance needed if they had a home and it flooded and a car was in the garage when it flooded. Figure in how Tipper's 3% anticipated raise will work in this equation