A swab packaging with separated liquid and dry compound that allows separate storage of predetermined quantities of dry compound and liquid in the same packaging with the applicator is disclosed. The swab packaging with separated liquid and dry compound comprises of a swab applicator comprising an elongated tubular housing with a liquid enclosed within the hollow interior of the elongated tubular housing with an opening means to release the liquid to an applicator tip affixed to one end of the elongated tubular housing wherein the swab applicator is sealed in a package with the dry compound sealed in or around the applicator tip. When the liquid is released into the applicator tip through the opening means, the liquid in the moisturized applicator tip will interact with the dry compound for application. The packaging is then removed to use the swab applicator. This separation of the dry compound and liquid will greatly prolong the shelf life of the contents.