Move the Color and Borders Palettes
Note: This tip works in Excel 2003 and earlier versions only.
While working on a worksheet, you might want to colour a few of the
cells, change the font colour for the text, or add borders to a range
of cells. To add colour, you select a cell, click on the dropdown
arrow at the right side of the colour button on the toolbar, and click
on a colour.

That’s simple enough, but all those trips up and down from the toolbar
can get a bit tiring, and take extra time.
To Save Time, Move the Palettes
If you have lots of formatting to do, it will be easier if the palettes
are closer to the area where you’re working. You can detach the palettes
from the toolbar, and move them onto the worksheet.
To move one of the “tear away” palettes (Font Color, Fill Color,
Borders):