When i was younger i got 2 dollars a week for allowance. my dad sometimes ran out of 1 dollar bills so he gave me a 5 and took 3 of mi dollars. that made me so angry. i didnt know much about money or math so i just thought my dad was stealing from me.

Sabrina

When I was little, I always thought the Nasdaq was a bridge. To me, it sounded like the Verrizano or the Washington (I live near New York). I always heard on the radio "The Nasdaq is up/down", so natural I assumed it was a drawbridge.

Jessica

When my sister and I were little, we convinced our younger brother that nickles were worth more than dimes because they were bigger in size. My brother easily traded his dimes for our nickles (sometimes even more than one!). We made off with quite a bit of moola until we got caught! :)

Anon

I remember thinking that since George Washinton was the first president, that's why he's on the one dollar bill. Lincoln is on the five, then he must have been the fifth president. Hamilton is on the ten, he must have been the tenth, etc.

Anon

that if you rip a dollar coins come out

Anon

When I was younger, I always thought that when the bank held money for you, they put it in a little drawer for you until you wanted it.

I could never understand why it was that whatever bank my mum went to to get money, *her* drawer always used to be just beneath where the cashier sat... maybe she had a special account or something.

Jon

When I was young (about 7) I would hear my parents talk about Liability Insurance. The whole time they discussed this I thought it was a great thing....buy this insurance and if you had a wreck you could lie about what really happened in the accident. Not until I was older and paying for my own insurance did I realize the truth. My mom thinks that story is so funny.

Alisia Newton

When I was eleven, I had a theory that there was exactly so much money in the world that you could pay for every single thing that exists on Earth. But there was a problem: while both the money and the things themselves were considered valuable, only the things had actual value - the value of money was only symbolic. So our economic system assumed that there was twice as much wealth in the world than there actually was. This made the system inherently unstable and created a need to devalue money and property. That was my explanation for inflation.

Martin

I bbelived that the process of "making money" was taking a dollar bill and ironig it.

anon

1 and 2 cent australian coins had just been phased out- and my sister conviced me that the rest of my money would be too- so we better spend it all on lollies

schmoo

When I was about 6, my dad told me that the stock market crashed. Needless to say, I was determined that this meant the stock market building rolled down a big hill and broke.

Brett

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

Dan

I used to think that there was a 'little man' inside cash machines, who counted the money and pushed it out. When a machine was out of order, it was because 'the man was having his dinner, having a sleep'etc

Paula Nugent

When I asked my Mum what Dad's job was she told me that he made money. For years I went around boasting that my Dad was rich cos he made the money and brought some home after he had made it.

Woody

I always thought that a bank kept your actual money in your own box. They weren't allowed to spend it, of course. So when you withdrew $5, it was the exact bill you put in. I got in quite a fight with my brother about that one...

Ashley

wen i was little...i thought that there was a little man inside the cash machine and he used to count up the money that had been requested and pass it 2 my mum/dad....this fascinated me for years...lol

Kat

Up until I was about 9 years old, I thought whenever you paid for something, you could ask the cashier for however much change you wanted. Whenever my mom bought something and got her change, I'd ask her as we were leaving why she didn't ask for more money.

Alen

When I was little I used to believe that there was actually a little man in the ATM booths sitting there operating the money watching a small tv.

MONA

I used to believe that you weren't allowed to spend change. I bought something at this elementary school book sale and got change back and wanted to buy something else but thought I couldn't.

Smart Alec

I used to think that cashback meant that the supermarket gave you free money back. So if your shopping was less than £50 you could get your shopping free and get some extra money on top.
It was only a few years ago that I was told that the money actually comes out from your account.

ts