Tough Times: Even the Tooth Fairy is Pinching Pennies
Times are tough. Just ask the Tooth Fairy. A Time.com article says Tooth Fairy payouts to kids averaged only $2.10 last year. That’s 17 percent (42 cents) less than 2010, and the most she’s tightened her belt since 1998.
There seems to be a direct correlation with the health of the economy too. Tooth Fairy spending has hinged greatly on the Dow Jones Industrial Average seven out of the last 10 years, according to Time.com.
A non-profit dental organization found the most common amount left for kids was $1. From Time.com:
“Most children get more money for their first baby tooth. That’s right, kids — it’s all downhill after that, which is also a great life lesson, children.”
There’s nothing common or average about my niece Emma. Her mom told me her first tooth went for ten bucks. And the second one, the one that gave her that beautiful smile in the above picture, was worth five dollars AND a toy at Toys R Us. Maybe the Tooth Fairy isn’t so cheap after all.