I have a sister who is two years older than me. For me, that meant spending a lot of time wishing I could do what my big sis was doing. This included all the growing up milestones you can think of: going to school, dating boys, having a sleep over. You name it, I wanted to do it! (I even got my bellybutton pierced at sixteen because my eighteen year old sister had just gotten her first tattoo. That’s definitely on the regret list!)
This urge to be just like my sister went as far as making me dream of the days that my baby teeth would fall out and the tooth fairy would visit me. I saw my sister raking it in and I couldn’t wait to bolster by piggy bank with all those shiny loonies.
That is what the tooth fairy brought in my home, a single dollar, and we were over the moon about it.
A new Canadian survey looked at how much each province is shelling out for baby teeth and I’ve got to say, it is good to be a kid now-a-days!
Atlantic Canadians are the biggest spenders with the tooth fairy delivering an average of $3.46 for a tooth. That is 19 percent higher than the national average of $2.80. And 35 percent of respondents in the Maritimes and Newfoundland said their kids were waking up to at least $5 under their pillow in 2014.
Ontario reported the second-highest rate, with baby teeth brining in a whopping $3.21 (this means kids could earn $64 over the course of all 20 bay teeth). Yet, 13 percent of kids in Quebec receive no money at all, with the overall average per tooth coming in at $2.06.
Kids in British Columbia got an average of $2.47 per tooth and kids in the Prairies received $2.43 (yet 55 percent of Prairie kids can expect a crisp $5 bill under their pillows).
The survey was conducted by phone and asked approximately 1000 households with children under the age of 13. The survey was conducted by Visa Canada to promote a campaign aimed at talking to parents and kids about saving their money and the difference that every dollar can make over time.
So where do you sit? What do you (see: the tooth fairy) give your kids per baby tooth?
Lazar says
This study is interesting, the kids must know the importance of every dollar.
Julie says
am i cheap? i do $1…heck, i got a dime when i lost mine!