money

I thought if you had $100 you were rich!

Demond

When I was little I'd watch the news with my dad and one time he told me that Nasdaq, Dow Jones, and S&P were competing like sports teams and that our favorite team was Nasdaq. I didn't realize this wasn't true until high school. For years afterward, even though I knew this was a complete lie, I'd silently cheer in my head when I saw the Dow Jones lost points out of habit.

Anon

I used to believe when you had a credit card, you were able to make 10 freebie purchases. I got mad at my mother once for using a credit card at a hardware store when she could have used it one of the ten freebies to get something much more valuable, like a car or plane.

Mike

I saw a sign by a lake that said "No littering - $300 fine" I asked my dad what "fine" meant. He said it meant that if no one saw you littering, you were "fine" and didn't have to pay.

Anon

I used to believe that banks were owned by rich people who gave away their money.

Lyssa

I used to believe that planting coins in the yard would literally grow Money Trees. My oler brother convinced us and used to take our money to go "plant". So, I also believed that any coins I found on the ground had fallen off of a money tree.

Patti

When I was a child, I used to know that using cheques you could spend an endless amount of money

lollo

I could never understand as a little kid why my grandma, on long shopping trips to various stores around town, would say that she didn't have enough money for something. After all, every time she paid at a register, they gave her back more bills and coins than she gave them, right? Didn't that mean she had more money as the trip went on?

Anon

When I was a child I used to think money laundering was about putting money in a washing machine and that was illegal because with water the money spread some liquid with color and you can print bills with this ink

George

I used to think a tip was a fixed amount of money you were required to give to someone after shopping at their store. When I was little, my friend and I would have a lemonade stand and we put out a paper cup with "Tips: $2" written on it. A woman bought a cup of lemonade from us (for 50 cents). We then started yelling at her because she didn't give us a $2 tip. Then my mother came out and yelled at us.

Alen

From 1909 to 1958 American pennies had Abraham Lincoln on the front and wheat on the back. (They now have the Lincoln Memorial on the back.) When I was growing up in the '80s, my mom would sometimes find "wheat pennies" in change she recieved. She kept them in a jar and told me they were special since they were old. I thought they were called "weak pennies" because they were old. I also though the wheat magically appeared on the back of a penny when it got old enough.

Lauren P

I used to believe that checker pieces were a kind of money. Products ordered from television commercials always told you to send $9.95 checker money order to some PO box.

Eric

I guess many kids believed that one: I believed that if I buried coins in the earth, they would "breed" and multiply. At least, that's what a teenage boy told us. He told us to bury our money in his garden. Needless to say, when we checked back, all the coins were gone :-(

Marion Schimmelpfennig

I used to believe that a bank was a place where they give out money to people

Anon

I was a little disappointed when I got my first piggy bank to discover it had a rubber stopper in the bottom where you could take the coins out. I had assumed the only way to open a piggy bank was to smash it open with a hammer like they always do in cartoons, which seemed so fun.

Anon

I used to think that all banks led to a giant 'super-bank' through underground tunnels and everyone had a little lead box there with their name on it and all their money inside. I therefore assumed that putting money in the stock market meant taking your box to a market, presumanbly in Camden Town, and hiding it there.
And of course, money gets teleported from the super-bank to cash machines, otherwise how would it be your money?

Anon

I used to believe that the picture of the Lincoln Memorial on the back of the penny was actually the trolley from Mister Roger's Neighborhood. It took a lot of convincing on my parents part to eventually come to terms with the truth!

Anon

I used to think that "priceless" meant free.

DAAA

For the longest time I thought that when you bought something, and had to pay tax on it, that that particular object was added to some sort of inventory of all of the things you owned and that from that point on, you would have to pay yearly taxes on that object. For that reason I was always very frugal with what toys I asked my parents for because I didn't want them to have to pay taxes on it forever.

Bernie

When I was a little girl, I used to believe that if you planted a banknote, a banknote tree would grow.

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