|    FM Home   |    FM News   |    FM Forum   |    FM Blog   |   
Saturday 30th of May 2009
May 29, 2009

Credit crunched Tooth Fairy pays less for wobbly teeth


by David Masters
Credit crunched Tooth Fairy pays less for wobbly teeth

The Tooth Fairy’s budget has fallen 6% in the last year, according to new research into the habits of magical and mythical creatures.

The Tooth Fairy Index (TFI), published this week by the Children’s Mutual, shows the average amount left under the pillow in exchange for wobbly teeth has dropped to £1.15, compared to £1.22 a year ago.

This equates to a total of £1.3 million that’s been bitten off the Tooth Fairy’s budget by the credit crunch.

David White, Children’s Mutual chief executive, said the Tooth Fairy going frugal is not necessarily a bad thing, as it enables parents to explain how events in the real world affect magical and spiritual beings.

“The fall in the value of teeth provides the perfect opportunity for parents to talk to their child about the value of money and the impact of the credit crunch,” White said.

White believes that parents should use the Tooth Fairy’s new found budgetary constraints to educate their children about money.

“Talking about the value of money in terms children can easily understand can help them appreciate the importance of saving,” White said.

The Tooth Fairy’s budget has fallen by more than the retail price index (RPI), which has dropped by 1.2% in the last 12 months.

However, between 2007 and 2008, the Tooth Fairy increased her budget by 16%.

Discuss this in the Finance Markets forums

Story link: Credit crunched Tooth Fairy pays less for wobbly teeth


Add to Bookmarks:

ADD TO DEL.ICIO.US     ADD TO DIGG     ADD TO FURL

ADD TO STUMBLEUPON     ADD TO YAHOO MYWEB     ADD TO GOOGLE     ADD TO SPURL

 

Tags: Children's Mutual, , , , tooth fairy

 

Previous: « Dell hit by weak consumer demand, profits down 63%
Next: Saga launches 3.82% 15-month bond »

Visited 198 times, 45 so far today

No Comments »

No comments yet.

RSS feed for comments on this post.

Leave a comment