A temporary aqueous aerosol paint composition comprising an aqueous paint component, including an aqueous solvent, and an aqueous propellant component. At least one embodiment of the temporary aerosol paint composition includes an amount of water, and more particularly, an amount of filtered water, as the aqueous solvent. In addition, the temporary aerosol paint composition may include an amount of an aqueous dimethyl ether compound as the aqueous propellant component. The temporary aerosol paint composition is formulated to minimize and/or eliminate the hazards presented by the various volatile and non-volatile organic compounds present in known aerosol paint compositions, by eliminating or minimizing the inclusion of such organic compounds. Any one of a number of pigment compounds may be utilized in the temporary aqueous aerosol paint composition, including flourescent colored pigment compounds, thereby permitting use in a variety of applications. A simplified method for preparing a temporary aqueous aerosol paint composition includes adding the various compounds to a reaction vessel in which a plurality of mixing cycles are accomplished.