Our image is resized, now we need to save it as a JPEG. A JPEG is a file format that uses compression to make photo file size's smaller, but unfortunately it lowers the image quality, so we need to find a balance somewhere where are file size is relatively small while maintaining decent image quality. The first step to do this is to go to the "File" menu and slide down to "Save for Web" and click on it.

You should be presented with a dialog box like this. In the "Preset" field, pull down the menu and select the Preset "JPEG High". Make sure the "Quality" field is set to 60. You can select a number between 1-100. "1" being the lowest image quality and "100" being the highest image quality. The higher you set this number, the bigger the file size. A setting of "60" is a good trade off between file size and image quality. Click "Save".

Navigate to where you want to save your photo, name the file what you want and then click "Save".
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