USA Today: peer pressure is part of high cost of raising kids

An article in USA Today on managing the high cost of raising children quotes Lewis Mandell, professor of finance and managerial economics, who said peer pressure is always a factor with teenagers facing pressure to go on the same school trips, play on the same teams and wear the same name-brand clothing, and many parents wanting their children to fit in and their families to be able to enjoy the same lifestyles as others. Go to article.