For preparation and storage, you’ll also need:
• A small stainless-steel or Pyrex pot you can dedicate to melting the wax. (You may want to use it again to make other balms, salves or ointments.)
• A small wooden spoon or stainless-steel whisk for stirring.
• A small glass jar or other container (e.g., a new or recycled lip-balm tube).
For the basic recipe:
• 1 T shaved or chopped beeswax (or beads).
• 3 T oil (I usually use olive oil, since I have it on hand, but you could use almond, grapeseed, or another oil).
• 1 t raw honey (optional).
• Melt the beeswax with the oil over a low heat (double boiler, inside a low oven) or microwave at low power (under careful observation to avoid fires).
As soon as the wax has melted, remove the pot from the heat, whisk in the honey. Pour into a container and let set until firm. If the solidified mixture feels too firm, remelt and whisk in a little more oil. If you want a firmer product (e.g., one that will fill and push out from a lip-balm tube, add a bit more beeswax). The process of remelting takes only a few seconds, so you won’t mind the work of getting it right.
Once you’ve succeeded with the basic product, you can try new batch using ingredients such as a few drops of a medicinal tincture or an essential oil; cocoa butter, shea butter, or coconut oil for some of the oil; and carnuba wax in place of beeswax. By the way, this stuff also works well to smooth unruly eyebrows, treat chapped hands and moisturize cuticles and fingernails, so you may want to make a bigger batch on your second try.