nirvanatgr
Joined: 11 May 2011
Posts: 1590
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 Posted: Tue Aug 02, 2011 10:58 am Post subject: In this dire economy, even the Tooth Fairy is pinching penni |
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Getting the Tooth Fairy to pony up in this sagging economy has been like pulling teeth.
A recent survey found that the national going rate has seen a 40-cent decline this year: From $3 to $2.60.
What's worse? A full 10% of kids are reaching under their pillows ... and coming up empty. Compare that to last year when just 6% of kids found no reason to flash that toothless grin.
"It's a cardinal sin not to (pay)," said Rakshanda Liaqat, a mother of two in Phoenix. "It's about a child losing a part of her and the warm belief that the tooth fairy will take care of her precious tooth."
"Now, on the other hand, counting the number of teeth your kid loses. And that, too, multiple times in a year? And that, too, having two kids? I can understand the economic recession the Tooth Fairy goes through in terms of her salary."
Liaqat tried to leave $10 for every tooth her son lost -- "but my son didn't lose much of his teeth after the recession hit."
"He lost it right on time. Before the debt crisis," she said. "Amen to that!!"
The telephone survey of 1,006 adults was conducted on behalf of Visa and is intended to get parents talking to kids about money management.
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