Lip Balm – Dreaming about lip balm is a symbol of the importance to you of your outward physical appearance. Dreaming about putting lip balm on your lips is a sign of wanting to look attractive, and possibly of being insecure about your own level of attractiveness. The lips are also an important symbol of sensuality and sexuality, so that your lip balm dream may be a reference to an increased sense of sexuality and a desire to be more sexually attractive. Of course, this dream may also be because your lips are actually dry and are feeling uncomfortable, and this physical sensation is entering into your dream as well.