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UPDATED, July 2011:

Hey everyone! I recently went through my Tip Share posts, and have been slowly reworking some of them. After reading through my instructions for this Tip Share, I shook my head at myself. It was kind of long and kind of confusing, so I took some time to make a video showing you how to create a color palette in Photoshop Elements. I’d recommend clicking the fullscreen button to watch the larger size (it’s the fourth icon from the left, looks like an arrow inside a square).

Prefer the old written instructions? You can find those right here. Please note, the written instructions are one way of making a color palette, while the video takes slightly different steps. If you try to follow both at the same time, you may get confused.

Rather just download the free template? You can find that here.

Any questions, let me know. Hope you enjoy!