Caramel candy, a hard sweet confection with melted and browned sugar called caramel as one of the predominant ingredients is a sugary treat for children. The basic recipe is made by thickening a mixture of butter, milk and sugar over a low fire and then adding caramelized sugar to it. Vanilla extract and pecans are irresistible add ons to the basic caramel candy. The thick fluid is poured into buttered wax paper. Children simply love their caramel candy in colorful designs.