Tooth Fairy leaving more money than before

Being a kid these days seems like a pretty sweet setup: A survey showed that the Tooth Fairy is leaving an average of $3.00 per tooth this year.

The Visa survey found that the going rate per tooth is up by 15 percent from the $2.60 that they received in 2011.

In an effort to teach children the value of a dollar and better money-saving habits, Visa has created a new mobile app and online calculator that recommends an appropriate amount for each tooth.

The free app and calculator determines the appropriate amount by taking into consideration survey data and factors in demographics such as gender, age, home state, income and education levels.