Tooth Fairy and economics

Yesterday during dinner, while Alex ate a soft taco, his tooth popped out. We found the little tooth box to put it in so Alex could turn the tooth into cash. After Alex and Beth danced around the first floor with the tooth box, lost the tooth, and relocated the tooth (thanks Shannon!), it was put into Alex’s bedroom to wait for the Tooth Fairy.

After dinner, there was the usual routine of clearing the table, making lunches, playing on I-pads, reading, snacks, brushing of teeth, changing to PJs, and going to bed. Add to that, a liberal sprinkling of not listening, asking, threatening, counting, coaxing and cajoling. It wouldn’t be a bed time routine without that.

Alicia came over to watch Cosmos with us, and we’ve been letting Alex stay up to watch it, because he has shown an interest, and because Alex is a little easier to get to bed than Beth….(gratuitous booty-waggling not included).

Come morning, it was discovered that the Tooth Fairy did *not* take Alex’s tooth, and leave some money. We suspect that the Tooth Fairy had a heavy workload the previous night, and didn’t get to our house. I can personally attest that on March 19th, *four* members of my team had dental appointments on the same day!

We went to work and school, and while putting Alex to bed, it was discovered that the Tooth Fairy came during the day while we were all out. The Tooth Fairy left a dollar for Alex’s tooth and he was happy. Alex had mentioned that he heard some people get twenty dollars for their teeth from the Tooth Fairy. This lead into a discusion of economics…

I said to Alex, that when we were kids, we got a quarter for each tooth. Although the amount was smaller, it was offset by inflation. I said that inflation is when the buying power of a dollar decreases over time. I used a candy bar as an example. In the 1950’s a candy bar cost a nickle. When I was a kid, it cost a quarter. And when Shannon was a kid it cost 40 cents. And today, a candy bar costs 80 cents. I said this is why when you retire in 60 years, you have to save more money, to overcome the effect of inflation.

Alex: “I have no idea what you just said”.

7 thoughts on “Tooth Fairy and economics

  1. Hehe. When teeth were lost in Russia, we told the boys that tooth fairies only work in America (though, apparently, it takes them MONTHS to compensate for teeth lost abroad).

    I remember reading an article (on CNN, I think) a year or so ago, about how much the average tooth fairy brings. (Just spent half an hour looking for the link in my FB feed. Found it. It was from NBC: http://www.nbcnews.com/news/us-news/tooth-fairy-taking-bite-out-parents-pocketbooks-v20257907)

  2. Twenty dollars a tooth? Sis, I think our tooth fairy ripped us off. I knew those things were worth more!

  3. Leigh – I think those people are crazy! These kids have 20 teeth to lose! That’s $400 in teeth!

    Olya – We made Alex wait to show me his tooth when he lost one while I was out of town. 🙂

    I told Alex if she starts paying $20 per tooth, then I wanted to pull one out and make some money. He told me that it doesn’t apply to adult teeth, only baby teeth. 🙂

  4. Loved his comment “I have no idea what you just said”. Eric you have great writing skills. Keep the post coming

    Love Aunt Lynn

  5. I agree with Aunt Lynn…Eric your post was very entertaining to read and I loved Alex’s comment at the end of the conversation too. We do enjoy reading about your children.