Do you have a bunch of near-empty lipsticks that you don't know what to do with? Don't throw them out! You can turn those favorite shades into tinted lip balms. Customize your color, flavor and scent, and even recycle old tins and tubs to give the balm a personal special touch. Just follow these four simple steps. HOW TO Make Your Own Lip Balm Choose a container or tin for your lip balm. You can use an empty Altoids tin (like the one above) or anything that will hold the balm.