My 1-Year-Old Is an Authorized User on My Credit Card. Here's Why

For his birthday, I gave him a credit card with $85,000 in available credit. By the time he's 18 years old and ready to apply for a credit card, car loan, or other loans of his own, he'll have a very long credit history and should be well on his way to earning a great credit score. Because I added him as an authorized user to my credit card, I've taken an important step to make sure he won't ever have a hard time getting approved for credit when he needs it.