In your heat-safe container, combine the beeswax, coconut oil, and sweet almond oil.
Place heat-safe container over a pot of simmering water (not full-on boiling), ensuring the water doesn't touch the bottom of the container. Melt the ingredients together, stirring occasionally with a heat-safe utensil like a wooden spoon.
If using lip balm tubes, secure the tubes by tying a rubber band around them while the mixture is melting.
Once fully melted, remove the container from the heat and let it cool for a few minutes. Make sure the mixture doesn't start solidifying. If it does, place back over the heat for a minute or two.
Add raw unfiltered honey and essential oil(s) of choice to the mixture, and stir well to ensure the honey is evenly distributed. This can take a couple of minutes.
Use a small funnel to help guide the liquid into the tubes. You'll want to do this before the mixture starts solidifying, which can happen pretty quickly once it starts cooling down.
Let the homemade lip balm solidify for at least an hour before placing the caps/tops on and storing.