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Xbox app now lets you set spending limits for child accounts

Microsoft's free Xbox Family Settings app now lets you manage a child account's spending power with a set of handy new tools.

You can set a spending limit by manually adding money to their Microsoft account and removing the ability to purchase with a credit or debit card.

You can also toggle an "Ask to Buy" function if a child account wants to make a purchase they don't have sufficient funds for, prompting a request to either make the purchase for the child or add funds to do so.

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