Makeup
How Much Should You Really Be Spending on Beauty Products?Four women hand over their salon statements and Sephora receipts to our expert analysts to find out whether their beauty spending fits their budgets |
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That means if you're pocketing $25,000, you can spend $2,500 a year (that's just over $200 a month) on fun things like concerts, clothing, dining out and, yes, beauty products. However, it's important to remember two things:
1. You should be calculating your income not based on the salary figure in your contract, but the number on your pay stub after taxes.
2. If you put 10 percent toward beauty, you have to cut yourself off in other areas. As Torabi puts it, "The trade-off is no concerts and nixing that spring break trip!"
SEE NEXT PAGE: Not All Bank Accounts Are Created Equal
