CONSENT OF INDEPENDENT ACCOUNTANTS


PricewaterhouseCoopers LLP

We hereby consent to the incorporation by reference in Post-Effective
Amendments No. 32 and No. 16 to the registration statements of Putnam
Money Market Fund and Putnam Tax Exempt Money Market Fund, respectively,
on Form N-1A (File Nos. 2-55091 and 33-15238, respectively)
("Registration Statements") of our reports dated November 5, 2001,
relating to the financial statements and financial highlights appearing
in the September 30, 2001 Annual Reports for Putnam Money Market Fund
and Putnam Tax Exempt Money Market Fund, which are also incorporated by
reference in the Registration Statements.  We also consent to the
reference to us under the heading "Independent Accountants and Financial
Statements" in such Registration Statements.

/s/ PricewaterhouseCoopers LLP
Boston, Massachusetts
December 21, 2001