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.
A childhood belief about money
others believed things like this
- Ironically my parents were born on the same day; so growing up, I thought all parents had the same birthdays. Anon
- I used to believe that Internet banking printed money out of the printer in our home like an ATM. Anon
- We would drive by UNION BANK here in California and I would say "Onion bank!" My Mom would bust up laughing.— BINGO
- My birthday was on a different day every year, assigned by my parentsAnon
- I used to think that your birthday changed every year, and that your parents just decided what day it was.— Daniel
- My five-year-old cousin thinks that his parents purchased him from Wal-Mart.Anon