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Where to Save
At her age, Patti's not willing to put money into a high-risk investment account. Five hundred or 600 dollars won't amount to much in a savings account, but Patti reasons that it will be nice to have a cushion for any unforeseen expenses or a special trip after she retires. After all, a few sacrificed facials and dye jobs won't be as memorable as a well-deserved vacation.
There's nothing quite like the feeling of purchasing a new beauty product. In part, it's a gamble. (Will this lipstick shade work with your skin color?) It's also a way to improve or even redefine yourself. (New highlights will show your ex that you're a mysterious lady he never had a handle on anyway.) It's a thrill that never really gets old.
But beauty comes at a cost. If you're 11, that tube of lip gloss is worth an hour and a half of babysitting money. If you're interviewing for a new job, a spruce-up might cost a week's rent. If you're a brunette who's finally fulfilling her redheaded calling, it might add up to $200 every three months.
Where do you draw the line? We called in Wall Street veteran Jacqueline Ko Matthews and personal finance expert Farnossh Torabi, author of "When She Makes More," to provide some insight into what these four women's beauty buys really cost them.
But beauty comes at a cost. If you're 11, that tube of lip gloss is worth an hour and a half of babysitting money. If you're interviewing for a new job, a spruce-up might cost a week's rent. If you're a brunette who's finally fulfilling her redheaded calling, it might add up to $200 every three months.
Where do you draw the line? We called in Wall Street veteran Jacqueline Ko Matthews and personal finance expert Farnossh Torabi, author of "When She Makes More," to provide some insight into what these four women's beauty buys really cost them.
