Apple makes media and schedule sharing easier in iOS 8's Family Sharing
Family Sharing lets up to six people share calendars, reminders and photo streams, plus they can all share their music, movie, app and book purchases. When kids make purchases, their parents get an onscreen notification where they can choose whether or not to approve the transaction, so there won't be any surprise credit card charges.
Everyone participating in a Family Sharing group will be linked to a single credit card.
Apple is still showing off iOS 8 features, so be sure to check in with The Mac Observer for more updates.