Homemade Natural Lip Balm 3 tablespoons Coconut Oil 3 tablespoon Shea Butter 3 tablespoons Cocoa Butter 3 tablespoons Beeswax ~If you want color, add a bit of your favorite lipstick to the mix. ~If you want flavor, add a bit of candy flavoring to the mix. Put all ingredients into a pan. Melt on low. Spoon into containers. Let set.