1. A makeup bracelet for carrying cosmetics for use by the wearer comprising an annulus having a passage therethrough through which the wearer places her arm, a plurality of cartridges radially spaced about the perimeter of the annulus for carrying cosmetics therein, said cartridges being removably carried by said annulus, means for selectively covering said cartridges when the wearer is not using the cosmetics therein, said annulus defining a peripheral groove therearound and said means for covering said cartridges comprising a ring member adapted to fit within said peripheral groove, said ring member being resilient and being split transversely of its width at one point along its length, allowing said member to be expanded when placed in or removed from said peripheral groove and to be contracted to lock itself in said groove, said annulus defining a plurality of radially spaced recesses therein which open into said peripheral groove, each of said recesses being constructed and arranged to removably receive one of said cartridges therein, said ring member covering said cartridges when said ring member is placed in said peripheral groove, and said annulus further defining a secondary groove between each of said recesses, each of said cartridges including a lip projecting therefrom and constructed and arranged to fit within said secondary groove when said cartridge is in one of said recesses.