As a child, I used to think that there was a little man that lived in the ATM and handed (free) money out if you put your card in.
Once my mother corrected me as to this belief, I decided that there were hundreds of little tiny boxes in the ATM that stored all the different account's cash. You told the ATM which box to draw from, and then it pulled out money from only your box.
A childhood belief about money

you weren't the only one
55 of you believed this
- I used to believe that you could create money (that you didn't previously have) by writing a check.Anon
- I used to believe that as long as there were checks in the checkbook, there was money in the bank.— Michelle
- I used to think that money from ATM machines were free :p— qwerty
- I used to believe that with a credit card, you could get anything you wanted for free.— Anonymous
- I used to believe that checks and credit cards allowed you to get anything you wanted with out paying for it. — Diamond
- I used to belive that if you went up to an ATM it would just give you money out that is not your own money.Anon