California becomes 2nd state to require parents to save earnings for child influencers
A new California law requires parents to set aside money earned by child social media influencers and deposit the earnings into accounts their kids can’t access until they are adults.on Thursday that mandates parents and guardians place a percentage of money made by minors on the web into trust accounts,
These protections will ensure minors who perform in online content “are protected from financial abuse,” Newsom’s office said. Examples include “family vlogs” that document a family’s day-to-day life to brand-sponsored campaigns that feature kids advertising clothing or products. “Once blogging and Instagram and YouTube took off, and now we have TikTok and so many more, people found it as a viable way to make either a side hustle or a full-time compensation.”
California Children Influencers Social Media
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