I found this recipe today for homemade diaper cream. We are trying it out, so far I like it. I like it because it is made from ingredients in my kitchen, without all of the extra added chemicals and preservatives. Not only that, but it is super thrifty, and it seems to be doing well for my little one's diaper irritation. Super simple, super thrifty!
3 Tbsp Cornstarch
2 Tbsp Olive Oil
Mix together to form a paste, add more cornstarch or oil to get desired consistency, if necessary. Store in a covered container.
I personally added a little bit extra cornstarch because I wanted the paste to be a little bit thicker. I got the recipe from this website: http://vegweb.com/index.php?topic=29378.0