Give your lips some special loving care by making your own nourishing cream using this easy lip salve recipe! What is a Lip Salve? A salve is a multi-purpose waxy and solid cream with medicinal properties that is used to moisturize, nourish and heal the skin. It can be used on any part of the skin, including on minor burns, rashes, skin irritations, bug bites and chapped lips. A lip salve is one that is specially designed to cater to the needs of the skin on the lips, which is different from the skin on the rest of the body. Lips salves also help to heal cold sores, hives and rashes on the lips. How to Continue Reading