Since the launch of the Xbox Family Settings app last year for free on iOS and Android (download link), Xbox still focuses parental controls on to Xbox Settings app to manage their children’s activity and keep on their children. Now, Xbox introducing a new powerful feature to Xbox Settings app called “Managed Children’s Spending” which added an extra privacy option to parental controls.
This feature will help parents to track and manage their children’s spending when they game to avoid any unexpected surprises or bills. Also, parents are empowered to customize their family’s access to spending money in games or in the Microsoft Store to fit what’s right for them.
Now parents can manage their children’s spending by adding money to their account directly from the app – you decide how much is approved for your child to spend. The funds you decide to add to your child’s account can apply to any purchase, including games, in-game purchases like skins, and apps.

Also, when the Ask to Buy feature turn on it will send a notification to parents each time when their want to make a purchase that doesn’t have sufficient funds. Parents can then make the purchase on their child’s behalf (if it’s a game or app), or add money to their account for an in-game purchase, like a new skin or an accessory. And if you don’t want to approve the purchase, simply select the “deny” button on the notification you receive.

Parents also have a choice to view their child’s account balance, also parents have an option to add extra funds to their child’s account at any time as their wish to add.

Additionally, parents can view their child’s spending history to keep track of their recent purchases.