Midlands kids get a better deal from the tooth fairy.
CHILDREN in the Midlands are getting a better deal than most when it comes to the tooth fairy, research has revealed.
The going rate nationally for a tooth nowadays is PS3.34, but parents in the Midlands are paying out a whopping 59p more on average.
But it's not all generosity as one in 10 parents admit raiding their child's piggy bank for the tooth fairy money.
London's tooth fairy leaves on average PS4.84, but tots in the Midlands are still getting fairly good pay in comparison.
The region is the second highest in the UK for splurging the cash when it comes to kids teeth, reported Halifax.
The study also showed that kids stop believing in the tooth fairy by their eighth birthday - which is younger than the age their parents stopped believing - but will still leave their teeth under the pillow.
And most children will spend their hard-earned cash on buying sweets - hoping to drop more teeth no doubt, to fill their roots.
Altogether kids rake in PS78.60 in the Midlands once they've lost all their 20 milk teeth, but this is still less than what their parents would have been getting.
As a consequence, the tooth fairy could become extinct after the next 40 years if this trend of giving less than before continues.
Giles Martin, head of savings at Halifax, said: "Kids shouldn't bank on the tooth fairy forever. These surprising results show the going rate is getting lower.
"At this rate, they'll be worthless 40 years from now, paving the way for the extinction of the tooth fairy as early as 2060."
Children aren't missing out completely though - research earlier this year revealed that pocket money had reached a nine-year high at PS7.04 a week nationally.
|Printer friendly Cite/link Email Feedback|
|Publication:||Solihull News (Solihull, Birmingham, England)|
|Date:||Dec 8, 2017|
|Previous Article:||So important that couples make a will; LEGAL BRIEFING WITH ERICA BURT-MOORE, PARTNER, PRIVATE CLIENT TEAM AT CLARKE WILLMOTT.|
|Next Article:||Get potions to go at spellbinding attraction.|