moneyShow most recent or highest rated first. Common beliefs in this section include:
I talked my brother into "trading" stacks of money. The stacks I was giving him were all pennies but they were much larger than the stacks he gave me (of only quarters and dimes). I convinced him that the penny stacks were worth more.
I thought a Debit card was actually called a Debt card.
A friend of mine seemed to think that 100 pence was worth £6.
I used to believe that when a bank paid you interest on the money in your bank account, that whenever the bank employees looked at your money they had to give you some more because they were interest-ed!
As children, whenever my brothers or I recieved money as a gift we took great pleasure in bringing it to the bank to deposit it in our savings accounts. We were told that we were saving the money so that we could go to college. I truly believed that "College" was some sort of theme park or something. I remembering wondering WHEN we were going to take this trip to college. I was crushed when I learned what it really was!!
i used to find cash machines fascinating when i was younger and asked my grandmother where the money came from (bless her she was about 80) she genuinely believed there was a man behind the machine handing notes through the slot! the funny thing is she would'nt believe anything else...no matter what....ah bless i still chuckle thinking of that
I used to think that when you bought something, the tax couldn't be more than $1 ... I guess it made sense, because nothing I bought was ever much more than a dollar, so the tax was always less.
i used to believe that when someone was payed under the table the money was actually handed to them under the table so no one saw. i still picture this whenever i hear someone say it
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
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