First, melt the coconut oil and beeswax in a double boiler (if a double boiler is unavailable, put them in a glass bowl above a smaller pan of boiling water on the stove.
Once the mixture is fully melted, remove from the heat and mix in the honey, almond oil and your chose essential oils.
Before the mixture can fully cool (and harden) pour it into a small glass jar or container, or you can buy empty lip balm tubes and fill those up accordingly.
Allow the lip balm to fully harden and cool before closing the lids on these containers. Store them in a cool, dry and dark place when not using them.
Apply them as you would a normal lip balm, and re-apply at least daily when you are suffering from chapped or cracked lips. This is also a great preventative measure, particularly in the winter, or in dry, windy climates.