Whether or not a child is ready for a credit card is a common question for many parents. And the answer is... it depends.

Nowadays, many high schoolers have a credit card. While you need to be 18 to legally have a card in your own name, you may share an account with your parent. The problem with credit cards is that your children will never physically see the money. It is just the swipe of a card. So in order to give your children an appreciation for hard-earned money, I've included a few ways to teach them about money.

Then, once you feel they truly have a good understanding of when to spend money, you can make the decision to give them a credit card (for necessary purchases only, of course).

Are you looking to purchase equipment such as printers, copiers, or office furniture for your business in the near future? If so, you may want to look at the purchases you have already made this year before determining whether to purchase the new equipment this year or next.

By appropriately planning your business purchases, you can save money through tax deductions.