Housemade condensed milk

Directions

• In a pan, place the sugar and water. 
  Place over medium heat and stir until the sugar is completely dissolved.
• Continue cooking the mixture over medium heat, stirring constantly, until it starts to boil. 
  Once it boils, reduce the heat to low and cook for another 5-7 minutes, stirring occasionally, until the mixture begins to thicken and takes on a golden color. 
  Make sure not to let the mixture burn.
• Remove the pan from the heat and let the sugar syrup cool slightly.
• In a bowl, add the powdered milk and vanilla essence (if using).
• Pour the hot sugar syrup over the powdered milk. 
  Mix well until you obtain a homogeneous dough. 
  You can use a wooden spoon or a spatula to do this.
• Let homemade condensed milk cool completely before using or storing it. 
  You can store it in an airtight container in the refrigerator for up to 1 week.