In a small saucepan over medium- high heat whisk together the butter or cream and honey. Bring the mixture to a boil and allow to bubble for 3 minutes before lowering the heat to medium-low.
Allow the sauce to simmer for 20-30 minutes. Stir to avoid burning.
Remove from the heat and whisk in the vanilla extract.
Pour caramel sauce into a glass jar or a 9x13 pan. The caramel will thicken as it cools.
Sprinkle sea salt over the caramel (optional) for a sweet/salty flavor.
Place in the refrigerator or freezer to cool and harden more quickly.
Notes
If using as a sauce, you can simmer for a shorter time, generally 10 minutes.
Because this recipe has honey, the caramels will remain soft. To speed hardening, place in the freezer. OPTIONAL: Pour caramel onto parchment paper in a 9x13 pan and allow it to cool (in the fridge or freezer). When caramels become to firm, cut into desired lengths and wrap in the parchment paper for convenient serving sizes and storage.
Substitute coconut cream for butter or heavy whipping cream for a dairy-free Paleo caramel candy.