Break up the shredded wheat bundles into single long strands, so they have the appearance of hair. Set aside.
Place the honey, brown sugar, chocolate chips, and butter in a saucepan and heat over a low flame to melt. Stir constantly. Mixture should be smooth and glossy.
Remove from heat and gently stir in the shredded wheat.
When the shredded wheat is completely coated, scoop it onto waxed paper in small equal portions. Use a fork to gently rake hairs into one direction.