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Money Moral Dilemma: Is the Tooth Fairy being stingy?

124

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  • Owain_Moneysaver
    Owain_Moneysaver Posts: 11,390 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    A £1 coin always delights our grandchildren and being trainee money savers they pop it into their piggy bank without any thoughts of spending it. Happy kids and happy parents.

    I think by 6 I'd already grasped the idea that putting it in the bank would earn interest. :rotfl:
    A kind word lasts a minute, a skelped erse is sair for a day.
  • louisajoyce
    louisajoyce Posts: 17 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    shiny76 wrote: »
    Just thought, she probably pulled the same stunt on me :mad:
    :rotfl::rotfl::rotfl:
  • louisajoyce
    louisajoyce Posts: 17 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    Jamboreee wrote: »
    My tooth fairy only brought a 3d coin! However, working in a school I find that most children get £2 for their first tooth (all teeth should be the same- but there you go) and £1 for each subsequent tooth. Sometimes she even leaves a tiny little card saying 'thank you' !

    My kids only ever got 50p, but this was eclipsed by the tiny little note the Tooth Fairy had written, thanking them for their lovely shiny tooth! They absolutely loved those letters - you should have seen me giving myself eyestrain trying to write the teeny words!:rotfl:
  • crmism
    crmism Posts: 300 Forumite
    Seventh Anniversary 100 Posts
    Either the parents of your daughter's friend have more money than sense, or they don't care how much they sling at their child even if it's out of all proportion to the event. The poor kid is likely to grow up with no sense of values if losing a tooth earns ten times more than what her school-friends get, and there is nothing worse than that.

    Stick to your principles, and explain to your daughter that her friend must have a different tooth fairy. When she's older, your daughter will thank you for your prudence and common sense, and have a far better idea of money's worth.
  • suejb2
    suejb2 Posts: 1,918 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    You’re being played.

    Your twin is telling you this and her friend is telling her parents that your daughter is getting that amount!
    Life is like a bath, the longer you are in it the more wrinkly you become.
  • thriftyemma
    thriftyemma Posts: 335 Forumite
    Eighth Anniversary 100 Posts Name Dropper Combo Breaker
    I give my children 50p per tooth. The eldest is 11, and still leaves lost teeth under his pillow. I suspect he knows the truth, but daren't admit it for fear of missing out.

    Discrepancies in the amount between their friends hasn't come up yet, but I am prepared. I will say the Tooth Fairy has a set amount of money to give out each day, and that has to be shared between everyone who has lost a tooth. So if she has lots of children to visit, they all get a smaller share. But if she only has a few, they get a larger share. So you never know how much you might get.
  • NeverendingDMP
    NeverendingDMP Posts: 2,164 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    edited 16 May 2019 at 7:10AM
    I think five pounds a tooth is too much but i know quite a few children get it..... Along with toys, presents, cards, keepsakes etc etc. Ive got 3 children including a set of twins. At 20 teeth and five pounds for each tooth that would be 300 pounds for my 3 children who will all loose teeth at a similar time.
    Our tooth fairy brings pound coins to children who fall asleep in good time and gives out 50 pences later in the night when she has run out of pounds. If you want a pound you need to fall asleep nicely. Its not gone up much since i was little but hey ho.
    And yes i recycle the coins.
    X
    Jan 18 Joint debts 35,213

    Mortgage Jan 18- 77224 May 25- just over 65k

    June 25 Debts in my name only £6706
  • MovingForwards
    MovingForwards Posts: 17,139 Forumite
    10,000 Posts Sixth Anniversary Name Dropper Photogenic
    You were from a rich family then ;) , I got 10p around the same time.

    I'm younger and got 10p !
    Mortgage started 2020, aiming to clear 31/12/2029.
  • silvercar
    silvercar Posts: 49,385 Ambassador
    Part of the Furniture 10,000 Posts Academoney Grad Name Dropper
    ACE1 wrote: »
    Aside from the cost of compensation for a head full of teeth, what do you do with all the collected body parts?

    The tooth fairy in this house has kept the collection in a little matchbox along with some hair from the first hair cut.
    The match box is covered in wrapping paper and sits on a shelf alongside the first pair of shoes.
    My kids only ever got 50p, but this was eclipsed by the tiny little note the Tooth Fairy had written, thanking them for their lovely shiny tooth! They absolutely loved those letters - you should have seen me giving myself eyestrain trying to write the teeny words!:rotfl:

    Our tooth fairy also wrote letters.

    I think kids accept that different tooth fairies behave differently, after all they are swallowing the whole idea of the tooth fairy.

    One of the kid's friends reported that they had a religious tooth fairy that didn't visit on the sabbath, that was believed. Us parents translated it to mean the parent was too drunk to remember/ deliver.
    I'm a Forum Ambassador on the housing, mortgages & student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to forumteam@moneysavingexpert.com (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • Exodi
    Exodi Posts: 3,788 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper Combo Breaker
    I'd always take what children say their friends have with a grain of salt (as children spend most of his life trying to impress each other!)

    By what I've been told; all of their friends all go to bed whenever they want and all get whatever they ask for...
    Know what you don't
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