Custom Color Swatches Copyright, Digital Scrapbook Memories, 2006 This tip works on any version of Photoshop including Elements. Similar programs will do similar things. If you have colors you really love and want to save simply use the eyedropper tool to select the color. Then in your color palette choose the box shown circled below which will add that new color to your palette. If you have colors in your palette you don’t like you can drag them into the trash can at the bottom of the palette.