It is dated December 19, 1500.

"...

and more, I know that you have advanced money, and the love you have for your brothers; it is a great consolation to me.

About this matter of the money with which you wish to set up Buonarroto and Giansimone in a shop, I have hunted and I am still hunting, but as yet I have not found anything to please me.
True it is I have my hands on a good thing, but it is necessary to keep one's eyes open and to take care not to get into difficulties; I want to go slowly and with good counsel, and I will tell you all about it day by day.

Buonarroto tells me how you live yonder, very economically, or rather penuriously; economy is good, but penuriousness is evil, for it is a vice displeasing to God and man, and, moreover, it is bad for the body and soul.