Text Editor

Hi guys

I have to make a admin page that has a text editor for my client's home page text. In other words, the client must be able to do basic text formatting, save the text and then it must be loaded when the home page opens. This info is safed into a database, but if there is a way around that or a better way I would not mind. In a sence, it is very much like this forum text, but it only needs very basic text formatting.

Thanks in advance
...