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As a kid I always thought every coin and dollar was just called "money", and the denomination didn't matter. So a five dollar bill and two quarters was "three moneys".
my dad used to tell me that nickles were worth more then a dime cause they were bigger
when my daughter was about 12, i found out that
she thought if you wrote a check for something it
wasn't really spending money. same with credit
cards. if you don't pay with actual currency, it's
free!
I used to spend a lot of time with my Grandmother and one time we were at the store and I asked if we could go somewhere else after that and she said no because she did not have any money and I said "Well, you have all that paper in your wallet, why not just use that!" I was talking about her checks. I thought at that you could just write checks and that was your money. I didn't connect the fact that it was your money that you were using out of the bank!
I used to think that when you bought a checkbook you could use as much money as you wanted out of it. I thought they must be really expensive if you could spend as much as you wanted..lol
that if you rip a dollar coins come out
Once my friend and I were eating lunch together in the school cafeteria, and I got a can of juice. It said ME 5 cents. Well my friend apparently thought that ME was the abbreviation for Michigan even though it doesn't contain an E. She said, "That's not fair, it costs 5 cents to get it in Michigan but it costs 50 cents (I can't remember the actually price at school) to get it in Connecticut and everywhere else?" I tried to correct her but she didn't listen.
Mind you this was in 6TH GRADE!
When I went to Spain when I was 7, I thought their currency was potatoes. It was pesetas.
i thought that no matter what u bought you always were supposed to get change back, well i once bought a movie with the money my dad gave me and turned out it was exactly 5 dollars, i remeber just standing there waiting for my change and the cashier looking at me weird, and my dad pulling me aside and explaing money, but i still didnt understand and threw a fit when i didnt get my change and realized i had spent all my money.
I used to believe that all adults always had money. I remember asking my mom for some money once and being shocked and not believing her when she said she didn't have any.
In Kindergarten, I used to believe that when you "borrowed" money, you had to pay back the same coins or bills you borrowed. In the 1960's, milk at school cost a nickel. Sometimes the teacher would suggest that a student who forgot his or her milk money "borrow" a nickel from someone else. But if the nickel went to the cafeteria to pay for the milk, how could you pay the same nickel back to the person you borrowed it from?
When I was very young I assumed adults bought money at stores. Since money was the only means which I knew of to make purchases, I deduced they bought money with money at a 1:1 ratio, which made no sense even then but seemed like the only rational possibility
I used to think the logo for The National Lottery in the UK was not of a hand with crossed fingers, but some kind of weird-looking, sinister fish.
When I was 9 years old I thought "several" was a synonym for seven that people used for no real reason. I also thought of a "fortune" as 40 dollars because I couldnt imagine anyone having more money than that.
When I was a young kid I used to believe that the best way to make money was to buy something. Everytime my mum took me to the shop and brought something she always got money! (little did I know it was just change.....)There was always the alternative of the magical hole in the wall that dispenses all the money one desired (or an atm...)
I used to believe that the money I deposited into the bank would go into a special box with my name on it that stored the same exact bills that I gave the bank.
When I was younger, I used to think that if you didn't pay your fire insurance, they would burn your house down.
I never understood the concept of working and getting paid, but I understood the concept of getting drinks refilled, and I used to think that parents did the same with their wallets they would spend money, and then type in how much they spent and that much would pop into their wallet, like when you get a drink refill you tell them what kind it was.
I used to believe that when someone said they had a dollar, it was equal to a normal dollar (4 quarters). But when they said they had a buck, a buck was equal to 2 dollars (8 quarters).
I used to think that you always got change, no matter what. I remember standing by the ice cream truck impatiently waiting for my (non-existant) change.
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