Transferring Money Between Save/Invest, Share, Spend

A child/teen can move (transfer) money between the Save/Invest, Share and Spend areas of the account without parent approval. There is no limit to the number of transfers between these areas. To transfer funds, just tap “TRANSFER” from the dashboard, then fill in the necessary information. The successful transaction will be recorded in the activity feed. 

If a parent would like to stop these transfers, engaging the “Money Lock” feature inside the “MANAGE PROFILE” area will do so. To stop the transferring of money between the Save, Share and Spend areas:

1. Go to “SETTINGS” and “MANAGE PROFILES”, and select the child. 
2. Scroll down the screen until you see the “Lock Money Transfers” box. Click the box and save.

Though a parent will need to move money between the Save/Invest, Share and Spend areas now, money can still be used for spending, donations or investing. The parent will just need to approve the transaction.