It’s a good time to be a kid with a shaky tooth, USA Today reports.
The average child is earning $3 a tooth from their parents, perhaps known to them as ‘the tooth fairy’, according to a survey conducted by Visa.
That’s up 15 percent from last year, and some parents in the survey left as much as $20 under their child’s pillow.
However, child psychologists warn that these sorts of rewards can warp a child’s understanding of money and concept of value.
To help parents pinpoint a fair market value for teeth based on factors like education, location, and income, Visa is rolling out an app for iPhone, iPad and a special calculator on its Facebook page Tuesday.
Some financial experts say that despite the apps intentions, it could lead to parents trying to compete with each other, actually driving inflation up.
Read more here: http://usat.ly/NMqPiB
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
SPECIAL REPORT | Thousands of child care center inspections reports are NOW AVAILABLE. Find out what inspectors founds inside day care centers across the state.
SPECIAL REPORT | When it's out of your hands, when your life is at the mercy of an armed, masked man staring down at you from the barrel of a gun in your own home, you grasp at whatever it is you can control; breathing, composure, or faith.
SPECIAL REPORT | ABC2 Investigator Joce Sterman has reviewed thousands of pages of documents for her Bad Medicine report.
A city man and his girlfriend are both in custody after police found a small arsenal of weapons, along with drugs and cash in his home.