CREDIT: JOSHUA R. WALLER
NARS' Narsissist palette contains eight beautiful, dual intensity eye shadows.

Once every season, most cosmetic companies will release a makeup palette with various different colours, textures and uses. A makeup palette is a convenient compact that is able to create many different looks, which means you can save a lot of money since you don't have to go and buy each individual item.

Some palettes include just one type of makeup, such as eye shadows, lipsticks or blushes, but some palettes include all of the above and more. However, before you buy a makeup palette, you need to make sure you are the right person for one — these palettes can range from $50 to over $200.

If you are someone who gets really attached to colours, palettes will often contain limited edition colours that you will not be able to buy again individually in the near future, so be prepared to run out of your favourite colours first.

This season, there are some amazing palettes that have been launched. The Narsissist Palette by NARS contains eight of the company's dual intensity eye shadows — one being limited edition — and a brush. If you haven't tried these shadows, it is a must for 2015. When they are applied dry, you get a beautiful sheer, wash of colour, but when you add a little bit of water, you can achieve extremely vibrant colours that are easily blendable and mixable.

Dior has also released its Kingdom of Colours Palette, which contains beautiful eye shadows, an eyeliner, blush and highlight as well as lip gloss. This is the perfect palette for someone who loves to create an overall dewy and glowing complexion. Its soft, shimmery eye shadows are perfect for all eye colours. This is the perfect product for someone who loves to have Dior's entire makeup routine in one compact.

Another beautiful palette that has launched is perfect for the earth tone lovers. Clarins' Garden Escape floral palette consists of six colours and a dual-ended brush. The colours that were chosen for this compact were inspired by those of a flower: two greens, hues of pink, luminous white and an intense taupe. The pigments in these shadows are quite soft, so they are perfect for those who love to keep their eye makeup subtle and soft.

Palettes are a great investment and are fun to add to your makeup collection. They allow you to mix colours and create new looks all in a single compact. If you have never purchased a palette before, this is a great year to check them out and remember, that they are limited edition so once they're gone, they're gone.