These little red spots come from shaving incorrectly. Make sure you're applying shaving cream or conditioner every time you use your razor. A dry shave can increase the amount of nicks and splotches. Also, always trash your dull blades on time. But if you've already got red patches, slather on a calming lotion like Eucerin Calming Moisturizer ($8), which contains oatmeal to soothe irritation.
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