A bangle and makeup kit combination assembly and method of operation provide a personal adornment, such as an annular-shaped bangle, that discretely stores and efficiently dispenses individual components of a makeup kit. The assembly comprises a makeup kit comprising multiple makeup components, such as eye and brow liners, trays, mirrors, and a makeup applicator. The assembly further comprises a bangle having an outer ornamental cover that is defined by a decorative surface. The bangle further comprises an outer annular member, a middle makeup retention member having slots that correspond with makeup components, and an inner annular layer. The bangle also includes an edge locking mechanism that secures the annular members and makeup kit components into the ornamental bangle configuration until disassembly for access to the makeup kit is desired. In this manner, the bangle can be worn as an ornament, and then disassembled to access the makeup kit contained therein.