1. Trends & External Forces

Tuesday Eye-Opener:  Inflation With Bite

by Kevin Coupe

Talk about inflation.

Axios reports that “the Tooth Fairy’s payout for a single lost tooth is at a record high, with the average gift reaching $6.23, up from $5.36 in 2022.

“That’s a 379% increase from 1998 when a lost tooth fetched $1.30 on average.

“The numbers come from Delta Dental’s 2023 annual poll which surveyed 1,000 parents of kids 6–12.  The company predicts that it’s possible that by 2048 the Tooth Fairy could be leaving as much as $30 under the pillow for a single tooth.”

Yikes.

Makes me glad I don’t have a little kids.  On the off chance that someday I may have grandchildren, it makes me think that in addition to a college fund, I may need to start a tooth fairy fund.

I’m glad the story was only about inflation, not recession.  Because when I think about teeth and recession, at my age I start to worry about my gums receding.

The post <strong>Tuesday Eye-Opener:  Inflation With Bite</strong> appeared first on MNB.

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