In a medium bowl, add the softened butter.
Using an electric mixer or a whisk, beat the butter until it becomes light and fluffy.
Gradually add the honey to the butter, continuing to mix until well blended.
If desired, add the vanilla extract and mix again until fully incorporated.
Taste the honey butter and adjust the sweetness or flavourings to your liking.
Transfer the honey butter to a jar or container with a tight-fitting lid.
Store in the refrigerator until ready to use.
Allow the honey butter to come to room temperature before spreading on bread, biscuits, or other baked goods.