After last week's challenge [1] where I asked you to "get your splurge on," I thought it would be fun to do the exact opposite and honor these times we call recession. So for this week's challenge, it's all pinching pennies; I'm talking products under $10.

I'll start you off with the cult favorite, Smith's Rosebud Salve [2]. It's the perfect choice as it retails for $6 and can be used for multiple purposes: chapped lips, minor burns, dry skin, it can even treat diaper rash. That's how I'm going to spend my hard-earned cash, how about you?

Share your choices by bookmarking items from around the web and tagging them with the phrase Recession Obsessions [3]. I'll feature your favorites here next Tuesday.

To learn about Beauty Mark It challenges and how to add your picks, check out this how-to [4]. To see some of my favorite online beauty stores, .

Saks Beauty Place [5]
Sephora [6]
Saffron Rouge [7]
Drugstore.com [8]
Fred Segal Beauty [9]
Folica [10]
Amazon.com Beauty [11]
Strawberrynet.com [12]
Nordstrom [13]
Bergdorf Goodman [14]
Beauty.com [15]