Tooth fairy paying out less in 2015, study says

Tooth fairy paying out less in 2015, study says

(WAFF) - The tooth fairy is paying out less for lost chompers, according to a study.

A survey conducted by Visa about the magical sprite's annual spending suggests the tooth fairy is on a tighter budget compared to a year ago.

American children are receiving an average of $3.19 per lost tooth, down 24 cents from 2014.

According to the survey, children can expect to receive about $64 on the road to adult teeth, $10 less than in 2013.

"No matter how much is left under the pillow, a visit from the Tooth fairy is an ideal opportunity to talk with children about the importance of saving and budgeting," said Nat Sillin, Visa's director of global financial education.

Other interesting results from the survey: The most popular amount left by the Tooth Fairy is $1 according to 32 percent of those taking the survey, with 20 percent of respondents reporting being left $5, and 5 percent reporting a crisp $20 under the pillow the next morning.

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