Tooth
Fairy Cashes Out
Dr. Versman, Dr. Heller, and Dr. Beckman are here to help keep your teeth healthy, strong, and in your mouth;
however, for kids, it is not a bad thing to have a baby tooth flop out. But how much is a fallen tooth worth these
days, and is it the same here in Denver, CO as it is elsewhere? Well it is nice to know there is no more stress over the issue as Visa recently
introduced a new phone application that calculates exactly how much your
child should earn per tooth.
The USA Today article that broke
the story about Visa's baby-tooth-value calculator app states this event best:
“Nobody wants to be the parent
whose child is ‘the talk at recess,’
because of a frugal Tooth Fairy, says Amy Moncarz, a second-grade
teacher at Lucy V. Barnsley Elementary School in Rockville, Md. Discrepancies
in tooth price can lead to a conversation parents might want to avoid: the
existence of the Tooth Fairy itself.
To help parents calculate the going
rate for teeth, Visa on Tuesday is launching an app for iPhone and iPad and a
calculator on its Facebook page. The app uses the survey's data to determine
the average payoff a child can expect based on a parent's gender, education,
location, age and income. The app also shows how much the recommended dollar
amount was worth when the parent was 8.”
Currently, the average across the
country is $3 per tooth, according to Visa.
The price per tooth does change whenever altering different factors like
holding age, gender, location, household income, and education level. Oddly
enough, the less household income, the greater the size of the average tooth
fairy's gift. In fact, when setting the income as $20K with only a high school
education, each tooth was given a worth of $5. A 33 year old male parent in Illinois with a college education
and making $75,000 yields a $2 gift from the tooth fairy (while a female
parents with the same information give a child $3 per tooth). Also, if a parent had a graduate
degree while making more than $150,000 per year, the calculator suggested
giving an average of $1 per tooth.
Who came up with these averages? The
Visa surveyed 2,000 households with telephone interviews with a random sample
in cooperation with GfK Roper’s Omnibus Service “OmnitTel.” A business consultant told USA Today,
"The app would be a driver of tooth inflation, not a tracker. I would
predict a psychological bidding game." However, Visa meant for this phone
application to better help their kids fit in as we all know the lunch time
gatherings and conversations are highly important.
Periodontal Associates wanted to know, what is the average in Denver, CO? I
randomly entered my information as a 30 year old female parent, making $40K
with a college education, and the result was $5 per tooth. However, this price was adjusted for inflation
as in 1990 a tooth was worth $2.81.
Periodontal Associates suggest you
use the tooth fairy to also promote proper home oral care. For example, you can tell your kids the tooth
fairy only pays half as much for teeth that have cavities. This may lead to
less resistance to regular brushing and flossing.
Although this application is a fun
tool for paying your kids, Dr. Versman, Heller, and Beckman hopes you are not
using the app for the parents’ teeth.
Periodontal Associates, in the Denver metro area, wants to help keep
your gums strong in order to prevent the loss of teeth. Click here to schedule
an appointment, call us at (303) 755-4500, or visit our website, www.periodontalhealth.com,
to find more facts about gum disease and good oral hygiene.
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Dr. Versman, Dr. Heller, and Dr. Beckman would like to thank you for taking the time to visit their blog and we would love to hear from you!
For more information, to schedule an appointment or a dental consultation, please visit us at www.periodontalhealth.com