Waxing

Waxing is the use of a heated wax to remove hair, pulling it from the root. It is temporary, lasting from 3 to 8 weeks.
Many areas can be waxed. Typical types are leg wax, arm wax, bikini wax, or brazilian wax. However, some areas such as the genitals and nipples must be done professionally.
Waxing is not recommended for people who have varicose veins, diabetes, or poor circulation as they are at higher risk for infection.
Waxing should not be done on skin with pimples, warts, moles, sunburn or skin that is otherwise irritated.

WAXING - HOW TO DO IT
Professionally
Firstly, you'll want to find a reputable place. Call around to your local upscale salons. You really don't want them cutting corners when it comes to something like this. Ask whatever questions you may have, regarding sanitation, their procedure, etc. Ask how long they've been working and where they trained. This will help you make an educated decision.
As far as the process itself goes, if your hair is long it may be a good idea to trim it before your appointment to about 1/4 inch, or they may do it for you.
You will probably be instructed to expose the area to be waxed(legs, etc.) and lay on a special table. The esthetician will ask you if the wax is the right tempreture, etc. You may be asked to change positions a few times.
Afterwards she may likely apply some soothing lotion.

At home
If your hair is long, use a pair of scissors or an electric razor and trim it down to about 1/4 inch.
Heat wax according to directions. Using a popsicle stick apply a layer of wax to skin. Use included fabric strip(or use your own muslin cloth) and press on top of wax. Grip end of fabric and pull quickly back(towards the opposite end of fabric,) not up. Continue untill hair free!

WAXING VERSUS OTHER METHODS
Waxing ties with sugaring as the longest lasting hair removal method.
Prices for professional waxing range from $20-$200, depending on the area.
It is more painful than shaving or depilatory creams but lasts longer than either method, up to 4-6 weeks.
Unlike shaving where the stubble is rough and sharp, regrowth from waxing tends to be finer and softer.
It's debatable, but some claim waxing can actually decrease overall hair density when performed frequently for a long time.