After hearing the phrase "time is money" I used to believe that money and time were essentially the same thing. So since 60 seconds equaled one minute, I thought 60 cents were equal to a dollar.
A childhood belief about money

others believed things like this
- I bbelived that the process of "making money" was taking a dollar bill and ironig it.Anon
- i used to think that if i tore a dollar bill in half it would make fifty cents— stacy
- I used to believe that ATMs actually printed out the money fresh every time. — Kitty B
- When I was 10 years old, I used to believe that the accountants always counted money all the time.— Claudia P. R.G.
- When I was a little kid I used to believe that tissue paper was money and that you could have a box of money.Anon
- 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