Poor tooth fairy!

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Poor tooth fairy!

No longer worth a threepenny bit - the tooth fairy is getting very generous - the average amount that a child receives for loosing a tooth is £1.22, up 16 per cent on last year alone.

This means that a child will have benefited by over £25 by the time they have lost all of their milk teeth - and also makes the inflation rate for tooth-loss higher than the rise in fuel prices this year.

David White, chief executive of The Children's Mutual, said: "Parents may think that being the tooth fairy is an expensive business, but the tooth fairy can help them talk to their children about the value of money.

"For those parents determined to 'stick to their gums' and avoid fairy pressure, perhaps they can persuade their children to consider saving their tooth money and get into good money habits from an early age."

Homeowners struggling to juggle mortgage or rent costs, utility bill rises and the cost of essentials such as food and home insurance premiums need to control all of their outgoings.

June 25th 2008

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