If you are a child, then it is common that you may have seen Fairy dream in your short life. However, elders can see a dream of tooth fairy and that means that you will be happy or recognized for your current hardships and complications. If you see fairy godmother in your dream, then meaning of the dream can be something else. You need to feel endangered. Maybe you are unsure about a decision what you are taking. However, fairy godmother or fairy or tooth fairy do not exist in real life and you should not think of it too much.