Cash App for Teens: Is It Safe, and What Can Parents Actually Control? - CNET

Money can be a tough subject for anyone to talk about, especially when it comes to discussing it with your teen. As a parent, you want to teach your child the basics of smart financial management early. But with safety concerns around money apps for teens, that conversation can be difficult to start.

Cash App accounts for kids and teens are safe, secure tools parents can use to teach good financial habits. With robust parental controls, advanced fraud protections and additional privacy features, your child can practice spending, saving and budgeting with your close supervision and oversight.

Here’s how Cash App’s parental controls and safety features keep kids and teens safe from fraud, and how you can use them to teach money management skills.

A secure money app for teens and kids

Cash App Families offers two different types of accounts created for young children[1] and teens[2]:

• Managed Accountsare...

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