A makeup storage and application system is disclosed herein. The makeup storage and application system includes a makeup storage and application assembly having a makeup palette for holding, a base powder, a wax, a cream, and at least one pigment. The makeup palette holds the base powder, the wax, the cream and at least one pigment. The at least one pigment is able to be interchangeably mixed from the makeup palette with the base powder, the wax, and the cream to create a customized makeup for a user.