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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

by Emily Woodruff  |  1 COMMENT

PHOTO 1/14
Not All Bank Accounts Are Created Equal
Not All Bank Accounts Are Created Equal The aforementioned formula for figuring out your discretionary expenses budget is fairly standard. But Jacqueline Ko Matthews -- who got her career started working on Wall Street and has since founded PJMint.com, an investing tool that brings big investment ideology to the average person -- says that there isn't a single system that works for everyone. "Someone could be single, making $60,000 with no kids. Another person making $60,000 could be the sole provider trying to raise two kids. Another woman could be making $60,000, but she's married to someone who's the main breadwinner, so it's money she can spend any way she wants."

The key, she says, is striking a balance between looking and feeling good and being financially responsible.

SEE NEXT PAGE: Real-life Budget: Kathryn, Public Relations Associate
 

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