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Tooth fairy pay-outs: how does South Africa compare?

This article also appeared in Finweek Magazine in their 19-Sep-2013 issue

toothless-boys

A few days ago, my 8-year-old son Jayden asked me the dreaded question that makes every parent cringe. No, not that one. The other one – about the tooth fairy. It went something like this: “Ma, why does the tooth fairy only pay me R10 per tooth, while all my friends get R100, R50 or R20?” They had obviously been comparing their pay-outs in the school playground. In my scramble to change the subject, I joked about trading in our current tooth fairy for a new one who paid private school rates. But his question prompted me to do some research on the subject. Is there an average tooth price that the tooth fairy pays in South Africa? How do we compare to other countries? Based on my informal research, some interesting results emerged. Continue reading