A method for adding image effects to an existing image, selectively deleting the added image effects or storing an image with various image effects added in a mobile terminal are provided. The method comprises: displaying an image; selecting a frame and adding the selected frame to the image; selecting at least one icon and adding the selected icon to the image; inputting at least one text message and adding the input text message to the image; repeating the addition of the image effects; and randomly selecting one or more of the image effects added to the image and deleting or modifying each selected image effect. There is also provided a method for storing an image, which comprises when saving an image is selected, extracting information about an image effect added to the image; and storing image information comprising the extracted image effect information and original image information.