Several years ago, I posted a "recipe" for homemade lotion containing beeswax, olive oil and essential oils. It was great for getting rid of dry skin. BUT. It was sticky and greasy. I found I used it more as a lip balm and nail cuticle softener rather than overall skin lotion. (See original post here from May 2013: www.drivingmissterry.blogspot.com/2013/05/no-waste-wednesday-20homemade-lotion.html )
Still determined to find a homemade lotion I loved, it was finally discovered in the Autumn edition of Willow and Sage magazine, page 10-13, by Lia Griffith. Only three ingredients-- Aloe Vera Gelly, (6 oz.) fractionated coconut oil (1.5 oz.) and the essential oil of your choice. I was skeptical when I bought the gelly and oil. Both are clear. But, when you whisk them together, it all turns fluffy and creamy white. I add tangerine and vanilla oil for my scent (another blend for fall/winter is in order). I think another batch for hubby with a bay rum scent will work nicely. This stuff is not greasy at all and he actually likes it minus the girly scent.
Adding up the price of ingredients, the cost was about $10 for 16 oz. I can probably get the cost way down if I buy the gelly in a bigger bottle, but I wanted to test before committing to a large volume. And I love that you can personalize the scent with essential oils and no un-needed plastic bottles (I reuse a glass container and canning jars). If I believe the hype on aromatherapy, then the essential oil is an added healthy benefit of the lotion too.