If being ready for the parenting responsibility was a pre-requisite to having children I think the world population would be quite small.When my oldest son was a senior in high school he started receiving applications for student credit cards. My first impulse was to throw away the applications. Then I realized that the student credit cards would be a convenient way to make sure that he had the things he needed and it would also be a great lesson in financial management. We sat down and looked at the services of the different companies offering student credit cards. We picked the two that had the lowest interest rates as well as a monthly spending limit. He filled out the applications for both and I co-signed them. He was accepted by both companies and sent student credit cards.