We learned the other day on the Big Breakfast that the average allowance given to kids is now $15, according to the American Institute of CPAs. Now, it also turns out that the Tooth Fairy is very generous, too.

Our friends at Visa say the average chunk of change left under the pillow for teeth-losing kids is now $3 a tooth. Some kids receive as much as $20 per tooth. Yikes!

As it turns out, and parents would agree, that when your little scholar comes home from school and announces that “Aiden gets $10 for a lost tooth” it can become an uncomfortable conversation.

My oldest son, Isaac, lost his first tooth while visiting Disney World in Orlando, Florida last year. “Dad, doesn’t the Tooth fairy actually live here? He must pay really big bucks!” He awoke the next morning to a $5 bill under his pillow. (We picked a bad time to be out of $1 dollar bills…)

Now we learn that Visa is offering a smartphone and ipad app to determine the average payoff a child can expect based on a parent's gender, education, location, age and income.

Our callers this morning on Kickin’ 100.5 ranged between $1 and $10. However, tons of call from the older generation who “got a shiny new nickel…and we liked it!”

Dan Collins

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