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Once when I was very young, I overheard someone talking about "borrowing $10." It made no sense to me. If you borrow something, then you have to return it, but what was the point of borrowing a ten dollar bill unless you needed to spend it. And once you spent it, how could you give it back. It never occurred to me that you could pay back a debt with a different bill.
John
When I was kid I used to believe that I had to earn enough money to have one of everything that existed.
Some older kids showed us how to file pennies (USA) down to the size of dimes. At this time a bottle of coke from a machine was ten cents. We’d pound nails into a board, around a dime, remove the dime and then use the nails as a guide. We’d keep filing until the penny fit between the nails and under the nail head. As you can imagine, it would take much of an afternoon to come up with five or six dimes. We did this in a shed in back of one of our houses. Knowing this was a federal offense, both in counterfeiting and in defacing a US coin (the penny), we actually stationed lookouts, one at each corner of the front yard, fully expecting a big black car full of Federal Treasury agents to come barreling down the dirt road at any moment.
Allen W.
When my sister and I were little we used to go and stay with our aunty who always gave us nice things to eat so when my sister heard my aunty say that she was going to buy some premuim bonds, she thought she heard 'creamium buns' and was really disappointed when they didn't turn up on the tea table. For years she was convinced that that was what she had said. Mind you she's forty and still claims that she goes to China every night to visit her friends so what can you say.
I have just recently been approached by an investment broker to invest in stocks & shares via HSBC
I have only just found out that HSBC does not stand for High Street Banking Corporation ----------- PS;- i am 68yrs old
kwaziwabbit
I am from America, so when I first heard that people used francs I immediantly wanted to know how you could pay for a hotdog with a hotdog.
brandypandy
i used to think if you had more than £100 the police would want to know why and would start investgating you
mark
When i was younger i used to believe that monopoly money was real and used to try and spend it in shops and at the ice cream van much to my mothers embarressment !!
Sara
When I was 6 I truly thought that if something was £50 and you gave them £30 you got the goods AND £20 change
My Mum told me there were 100 pennies in a pound so I thought she meant that you could literally fit 100 pennies into a pound coin, so i sat at the table one day stacking pennies up, when I got to ten I realised that there was no way you could fit them into a pound coin... They must be squashed down to fit.
clair
I used to stay in a house with a six year old and used to take her out a lot. One day when I was trying to get money out of the ATM the screen came up as insufficient funds (I am a poor student with no money). She assured me that it was ok because she knew her mums number and we could use my card to get her mum's money.
waif
My friend used to believe that if you put any amount of money in to a vending machine and then pressed any of the buttons, the machine would just choose something to fall. Then it would decide how much change you would get.
Lights on, nobody home.
My grandpa was a barber, and usually when we visited them, the first thing we did was stop at his shop. Usually he had a toy for me. On this day, he gave me a dollar, then told my dad to take me to the toy shop across the street. My dad, trying to instill the value of money into a 5 year old, told me I could only spend half of it! No PROBLEM!....I ripped the dollar in half, gave one to him, and said "Let's go shopping!"
Lisa
I used to believe that tiny men lived in shop tills and decided how much each item should cost. I thought that bar codes were their own special language.
Sophie
When I was little, I used to think that CDs (certificates of deposit) were the same as the CDs that you listened to. I always heard my parents talking about them and so I thought they would invest the CDs they had in the bank or something. When I got a CD for Christmas one year, I thought that my parents took care of the banking part of it for me. It was a while before I figured out the difference between the two.
Katie O.
when i was a child, i used to believe paper notes (money), once become crumpled or soaked wet, would be unacceptable and unuseable. well, mom gave me and my sister (younger than me yet infinitely wiser) a $5 bill one day after school to go get some groceries, I dropped it in the gutter and it was promptly soaked with rain water. my sis picked it up and said it's ok, use it, i grabbed it from her and chucked it out the window, which got blown away immediately. my sis saw such horror on my face, not because she thought I did such a stupid thing as throwing away good money, but that I made it wet in the first place!
eric
The first time that I went to Spain on holiday when I was 7, I thought everyone purchased things with potatoes. Then dad told me they were pesatas.
Helen
i was always fascinated by the receipts given by ATM machines. one day, my brother told me that if you could get the receipts out of the tiny containers people put them in, and took them to the bank, then the bank would give you the amount of money shown on the docket. i was excited for 15 mins, thinking i would make our family rich, until i jammed my fingers in the container.
already at the age of five i was disgusted by the lack of fairness and logic in the grown-up world.
f.ex. i had discovered that a lotery ticket did not guarantee getting anything, although you had paid for it!
so i organised a little lotery in my street with free tickets and prizes for every ticket:)
i had to part with many of my toys this way, but thought i had showed the world how things should be done...
oioi
I used to think the bank was a money factory where anyone could go and get free money if they needed it.
I also used to think that if you didn't have enough money to buy something at a store, you would get change.
Kdees
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