Yeah, you can get Family Allowances and set available minutes for each line independently. I had a vicious ex who still had the phone when we separated. After she burned over her 500 anytime mins, (and yes, we did have mobile to mobile and myFaves at the time) it wouldn't let her make calls--and I didn't get any overages on my bill!
Incidentally, if you have issues with overages, Family Allowances could be used to put cutoffs on every line, so no one could slip over. You can also set up "allowed" numbers even after the anytime minutes are used (i.e.: numbers you know are T-Mobile or myFaves), so you wouldn't necessarily have your phone effectively bricked till the end of the cycle.
And you can change it at any time. Once I had the phone back she kept trying to burn through my half of the mins to make my phone shut off, but I just logged on and rolled 0 on her line and all mins on mine. Very effective tool, too bad they raised the price to $4.99 a month instead of the $2 I was paying when I dropped it after rolling to Unlimited Loyalty. Unlimited or not, someday my daughter will have a phone and probably need times set up she can and can't use the phone!