Either inflation or a streak of extreme generosity has hit the Tooth Fairy lately.
According to an article at CNBC, some American children are pocketing up to $50 per tooth from the fantasy figure.
“The amount left by the tooth fairy has shot up in recent years, and 2013 is no exception, research by Visa showed on Friday.
Its annual tooth survey revealed that children found an average of $3.70 under their pillows in 2013 – a whopping 23 percent increase on 2012, when only $3.00 was left. Based on this rate of return, a child would net an impressive $74 for a full set of 20 baby teeth.
But some youngsters are set to make even more, with 6 percent of American children receiving $20 or more from the tooth fairy – and 2 percent finding a crisp $50 bill tucked under their pillow.”
WIBC host Tony Katz has some thoughts on this recent hike in payouts from the Tooth Fairy. Click below to check out what he has to say: