Child Tooth Appraisals

Visa Tooth Fairy App Helps Parents Decide How Much Money to Leave Kids

Losing a tooth and finding money under the pillow the next day is an important and fun event in any child's life, but now the Visa Tooth Fairy App is demonstrating that it can be just as fun for parents as well. The Visa Tooth Fairy App is a novelty tool that helps parents determine exactly how much money they should leave under their children's pillows.

The Visa Tooth Fairy App was created as part of Visa's Practical money Skills education program, and it allows parents to calculate the 'going rate' for each tooth. This is done by entering the parent's age, location, gender, education level and income, and the app will reveal the amount of money the Tooth Fairy has left in homes with parents possessing similar demographic characteristics. According to PSFK, Visa has revealed that the average amount left per tooth is $3.
Trend Themes
1. Tooth Fairy App - Opportunity for developing innovative tooth fairy apps for parents to determine appropriate amounts of money to leave under their children's pillows.
2. Practical Money Skills - Disruptive innovation opportunity in creating educational programs and tools, like the Visa Tooth Fairy App, to teach children about money management.
3. Demographic-based Calculators - Potential for developing calculators or apps that provide personalized calculations based on demographic characteristics, such as age, location, gender, education level, and income.
Industry Implications
1. Finance and Banking - Innovation potential for financial institutions to create apps or tools that help parents teach children about money management and saving.
2. Mobile Applications - Opportunity for app developers to create personalized calculators or apps that provide demographic-based recommendations for various purposes.
3. Education and Learning - Disruptive innovation opportunity for educational institutions or organizations to develop interactive tools or apps that teach children about money and practical skills.

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