Basically, I haven't played Final Fantasy 1 in absolute years, so I'm wanting general advice regarding how I started.

Here is my party setup:

Fighter
Fighter
Red Mage
Monk

Is this a generally good party to play through the game with? I feel having the Red Mage instead of both Black and White will become useful as it's cheaper and leaves me more party options for a Fighter/Monk instead of wasting a space. I know you are limited in how many spells the Red Mage has, but I don't neccersarily think I need a Black and White mage, or do I?

I'm playing on normal mode, because i've been tolled that easy mode is even easier than the GBA remake...

So yeah, any general tips will help a lot, thanks a lot.