Comments on: Money Fallacies We Thought Were True As Kids. http://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/ A place to discuss money...for the rest of us. Fri, 10 Feb 2012 05:21:23 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: davidhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34121 david Mon, 07 Sep 2009 20:45:35 +0000 http://www.mytwodollars.com/?p=2179#comment-34121 Stephanie - me too! After all, what else is there to do but to go shopping when it rains? ;) Stephanie – me too! After all, what else is there to do but to go shopping when it rains? ;)

]]> By: Stephanie PTYhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34115 Stephanie PTY Mon, 07 Sep 2009 03:18:24 +0000 http://www.mytwodollars.com/?p=2179#comment-34115 I've been trying to think of one ever since this post went live, and I finally did! I'm almost 23 now, but up until recently, I never knew what people meant when they said to "put money away for a rainy day." As a kid, I got to thinking it meant to put some money aside, so that when you were bored on a rainy day, you could go shopping! It wasn't until I became a personal finance blogger and read some article somewhere that called an emergency fund a "rainy day fund" that I realized people meant it as that! I’ve been trying to think of one ever since this post went live, and I finally did! I’m almost 23 now, but up until recently, I never knew what people meant when they said to “put money away for a rainy day.” As a kid, I got to thinking it meant to put some money aside, so that when you were bored on a rainy day, you could go shopping!

It wasn’t until I became a personal finance blogger and read some article somewhere that called an emergency fund a “rainy day fund” that I realized people meant it as that!

]]> By: davidhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34062 david Wed, 02 Sep 2009 13:46:01 +0000 http://www.mytwodollars.com/?p=2179#comment-34062 I certainly don't remember gum costing $.01 ;) I certainly don’t remember gum costing $.01 ;)

]]> By: The Biz of Lifehttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34060 The Biz of Life Wed, 02 Sep 2009 13:15:10 +0000 http://www.mytwodollars.com/?p=2179#comment-34060 Showing my age here..... a penny could actually buy a piece of bazooka bubble gum... and I could make serious money (for a kid) picking up returnable soft drink bottles off the side of the road and getting the deposit. Showing my age here….. a penny could actually buy a piece of bazooka bubble gum… and I could make serious money (for a kid) picking up returnable soft drink bottles off the side of the road and getting the deposit.

]]> By: David--Your finances101http://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34039 David--Your finances101 Tue, 01 Sep 2009 02:28:12 +0000 http://www.mytwodollars.com/?p=2179#comment-34039 That my little brother was forever trying to steal it all... That my little brother was forever trying to steal it all…

]]> By: Bucksomehttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34037 Bucksome Tue, 01 Sep 2009 01:27:08 +0000 http://www.mytwodollars.com/?p=2179#comment-34037 I thought ATM cards were magic; they just gave you money whenever you needed it. My mom would say she didn't have the money and I would reply, "use the ATM". I thought ATM cards were magic; they just gave you money whenever you needed it. My mom would say she didn’t have the money and I would reply, “use the ATM”.

]]> By: SingleGuyMoneyhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34035 SingleGuyMoney Mon, 31 Aug 2009 23:05:30 +0000 http://www.mytwodollars.com/?p=2179#comment-34035 LOL, I used to think the same thing about banks when I was younger. I thought they just put it on the shelf for you and everyone had their own shelf in the back. LOL, I used to think the same thing about banks when I was younger. I thought they just put it on the shelf for you and everyone had their own shelf in the back.

]]> By: Craighttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34028 Craig Mon, 31 Aug 2009 17:59:59 +0000 http://www.mytwodollars.com/?p=2179#comment-34028 Very embarrassing but had no idea why banks had "CDs" when they had nothing to do with music. Very embarrassing but had no idea why banks had “CDs” when they had nothing to do with music.

]]> By: Davidhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34027 David Mon, 31 Aug 2009 13:38:32 +0000 http://www.mytwodollars.com/?p=2179#comment-34027 $100 would buy a lot of Little Debbies... ;) $100 would buy a lot of Little Debbies… ;)

]]> By: Emily @ Under$1000PerMonthhttp://www.mytwodollars.com/2009/08/31/money-fallacies-we-thought-were-true-as-kids/#comment-34026 Emily @ Under$1000PerMonth Mon, 31 Aug 2009 13:35:51 +0000 http://www.mytwodollars.com/?p=2179#comment-34026 I remember my mother once told me that we only had $100 left for food for the rest of the month. I got excited about all the Little Debbie snack cakes we could get with that. She totally burst my bubble when she explained that we would get no more Little Debbies. I remember my mother once told me that we only had $100 left for food for the rest of the month. I got excited about all the Little Debbie snack cakes we could get with that. She totally burst my bubble when she explained that we would get no more Little Debbies.

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