Rumpelstiltskin's Rules for Making Your Farthings Grow is the introduction to investing you didn't know you needed. Author Susan Laubach brings forward an effective, interesting, and engaging book that offers insights into investment and effectively managing one's funds.
Investing is a very important topic that can be hard to engage with. So many resources are complex, specialized, and require the reader to have a degree in finance to understand what on earth it is talking about. Rumpelstiltskin's Rules for Making Your Farthings Grow takes an entirely different approach, trying to make the topic accessible to the wider audience who need to understand it and also charming to ensure that it is not a painful introduction to the topic.
Understanding investing can be important for many and especially for the people who find words like capital and bonds intimidating o.r snooze-worthy. This is a tool that is meant to help those who need the information the most and want to understand what investing means without pain and suffering.
Susan Laubach uses familiar fairy tales and fables to construct an artful introduction to business, which adds a lot of color and excitement to the mix and makes the process of becoming familiar with the world of investment simple and fun. The characters and settings of familiar fables take the reader through the basics of investment and provide the rules they need to get started, with a special focus on avoiding bad investments and scams, as there are plenty of wolves out there.
Laubach offers the reader the simple rules and solutions to make good financial choices and prep themselves for each and every investment decision they will make in the future. It begins with the basic concepts, like what stocks are and how their prices shift. Then, it moves to more practical applications of the concepts, like finding a good investment opportunity, a secret magic formula to calculate whether something works or not. With convenient summaries and rules, this book is certain to serve as a useful tool for any reader.
The author is an excellent guide to this fairy tale world. Susan Laubach used to be a Wall Street stockbroker who has taken up the mantle of financial educator, working with adults of all ages. She offers well-rounded advice that is simple and not dumbed down and is meant to serve as a resource of real life, not something to remain as pure theory.
Rumpelstiltskin's Rules for Making Your Farthings Grow is an excellent introductory book for those who want to make their money pay more. Whether you are pursuing your first or second, or fiftieth investment, it is sure to provide a great guide and set of rules to make the most of it. With fairy tale characters, it is accessible and fun enough to provide a good experience and allow those who never expected to start investing to do so. You can find the book on Amazon and all other major book retailers. So, find the guide and enjoy the process of making your money grow.
We had the pleasure of interviewing Susan Laubach. Here are excerpts from the Interview.
Hi Susan, Great to have you with us today. Why did you write the book? What was your motivation behind it?
I wrote the book as a series of cautionary tales because I saw a great need for them among potential and even longtime investors. My motivation was to address that need in a way that would encourage confidence and enable readers to remember the “rules” because of the story structure.
Who do you see as your main audience for this book, and what do you hope they will get from reading your book?
My main audience is the cohort of folks who want to invest but aren't sure if they should. This includes people who find themselves with money from an inheritance or divorce but are scared to get started investing for fear of losing $$. as well as all Gens, X, Y, Z who think trading or penny stocks will make them rich overnight. Wrong.
How do you see this book being relevant today?
With so many opportunities to lose money in flaky securities or overpriced securities, this book is more relevant than ever. It is, however, “wintergreen” in that the “rules” will never be irrelevant.
Why do you think you are the right person to write this book? How do you think your qualifications or experience make this a better book?
Because of my many years as a stockbroker and simultaneously, nearly as many as an investment educator, I saw too many instances of investors failing to ask the pertinent questions (“what can go wrong?” “Is this price too high,” etc.) because they didn't know the questions to ask. Consider me an investor's advocate, arming readers with the most basic of ways to build confidence and knowledge about the Stockmarket. Being both an author and a playwright, I'm uniquely qualified to write readable and memorable stories, which I hope will also amuse.
How did you come up with the idea for the book?
I came up with the idea for this book because I wanted a way for readers to remember these important “rules,” and embedding them in re-told fairy tales seemed an effective way to do this.
Can you share a little bit about the process of writing the book? Did you keep writing once you sat down?
Once I hit on the idea of embedding investment rules in silly fairy tales, it was challenging and fun to match the rules with appropriate stories. Having been a teacher of Creative Dramatics, I also felt that kids would have a good time while learning important investment lessons if they acted out each story. This enabled me to make sure each “rules'” story had plenty of action. And yes, once I saw down, I kept on writing. No blogging and no writers' block.
Thank you so much, Susan, for giving us your precious time! We wish you all the best for your journey ahead!