Abstract: A detachable purse assembly, which comprises a purse, a cosmetic bag, and a wallet. The assembly further includes means to detachably secure the cosmetic bag and the wallet to the exterior or interior of the purse. These detachable means are disposed on the purse, cosmetic bag and wallet at suitable locations. The cosmetic bag and the wallet can also be secured together using the detachable means. The purse and the cosmetic bag further include straps, a plurality of pockets or compartments, and zippered openings. The wallet includes a plurality of pockets, transparent windows, and a plurality of brackets similar to money clips.