Learning About Money Made Easy
Datini helps you learn how to manage your money. It's great for students, teachers, or anyone who wants to get better at handling their finances. With Datini, you can practice managing accounts, tracking your money, and learning basic accounting skills.
Find Your Account Statements
Gather all your recent bank statements. These documents will show your financial activity and help you keep track of your money.
Add Your Assets & Liabilities
Record your assets (like savings accounts) and liabilities (like loans) into your balance sheet. This helps you see what you own and what you owe.
Record Your Income & Savings
Write down where your money comes from (like a job or gifts) and how much you save. This helps you understand your cash flow and saving habits.
Massimilianogalardi, CC BY-SA 3.0, via Wikimedia Commons
Francesco Datini
Francesco di Marco Datini (c. 1335 – 1410) was a notable Italian merchant and banker from Prato, a city near Florence in Tuscany, Italy. He is famous for his extensive business correspondence, preserved in Prato's "Archivio di Stato," which offers valuable insights into medieval commerce and daily life.
Dubbed the “Merchant of Prato,” Datini gained considerable wealth through international trade in textiles, spices, and other goods, with operations extending to France, Spain, England, and the Eastern Mediterranean. His success stemmed from his business acumen and innovative financial management.
Datini's meticulous record-keeping and early banking practices provide historians with a comprehensive view of late medieval commerce, social networks, and the challenges faced by merchants of his time.