Only you can decide when you're ready. But there are things to take into consideration:
Are you above the age of consent? In Texas, it's 17. If you are under that age, your parnter, if older, may be faced with prosecution.
Are you able to pay for everything? Condoms, Lube, Emergency Contraception if needed, Birth Control pills if wanted, Pregnancy test, an Abortion or a Baby if your birth control methods fail?
Have you and your partner been tested for STD's, even if you both are "virgins"? Remember, you can have an STD without having sexual intercourse.
Please read our checklist, Ready or Not? It gives a thorough look at what you need to consider.
If you take proper precautions, there's less of a risk.