Money Talks News: Skincare: Where to Save and Where to Spend

From beauty balms to corrective creams...Americans spend billions on skincare every year.

But spend a lot on stuff like this and you could be washing money down the drain. We talked with a dermatologist about where you might be able to save, and where it might be worth it to spend a buck or two.

"5 Things you can save your money on is shampoos, conditioners, facial washes and cleansers, lotions, moisturizers and even sunscreen."

But drugstore wrinkle fighters and even expensive department store creams may not do the trick. it may be worth spending some money to get a doctor's advice.

"I think that a lot of the ingredients that are over the counter are at a different concentration than you can get form a doctor's office. Sometimes a cream is going to be the best option, but sometimes it isn't. And I do think you need an educated professional to help you distinguish what's going to be the best for you."

If you're using retinol, this doctor says pharmaceutical-grade's the best, so you'll need a prescription.

Cost? Up to $200, and insurance probably won't cover it.

Serious wrinkles can be treated with inject able fillers and muscle immobilizers, that cost several hundred dollars for each area. You can also use laser treatments for discoloration and wrinkles can run into the thousands.

Bottom line... when it comes to proper care of your skin, your face and your hair, budget beauty products are probably just fine for most people.

If you are going to spend the extra money, you might want to do it at a place like a dermatologist. For more information, go to and search for "Skincare."

For Money Talks News, I'm Stacy Johnson.