I'm all about saving money and taking short cuts. I also know it can be easy to make healthier versions of convenience items you find in the grocery store. However, I have to wonder about the following recipe. I haven't tried it, but wanted to get your thoughts on it. Considering the cost of ingredients and time involved, I think I'll stick with the easy route of buying it. I also know that I'd probably end up scorching the milk! But, if you decide to try this one, let me know how it turns out.
Sweetened Condensed Milk
3/4 cup sugar
1 and 1/4 cup powdered milk
1/2 cup water
Mix ingredients well and bring to a boil in a heavy sauce pan. Cook 15 to 20 minutes, stirring often, or until it reaches the desired thickness.