DIY Lip Balm For Chapped Lips/ Homemade Mint And Chocolate Lip Balm Perfect lip stuff for chapped lips. Mint and chocolate are great for healing chapped,dry lips. You can easily do it by yourself by mixing some cocoa powder or chocolate and mint leaves with some lip healing ingredients. This homemade lip balm is one of the most moisturizing lip balms which doubles up as a hydrating lip gloss convenient enough to store because it won't go rancid.