Family sharing - ask to buy I'm unclear what the default setting is regarding 'ask to buy' settings for family sharing and a child’s AppleID.
If I do NOT enable 'ask to buy' am I right to assume that my daughter will be unable to buy anything at all?
The best write up for setting up children accounts is here:

https://support.apple.com/en-us/HT201084


If you turn off Ask to Buy, your child can buy content with your payment method without asking you first.

Your daughter can spend down your default payment method using your money if you turn off Ask to Buy.