I got this recipe from a food blogger friend and this to me sounds so handy to have around. I too have been plagued by that sweet tooth on Sunday night only to find I am out of sweetened condensed milk and cannot make a fun dessert! And it sounds economical!
This is a great alternative!
Alternative to Sweetened Condensed Milk
3/4 C powdered milk
3/4 C sugar
1/2 C HOT tap water
Put hot water in blender. With blender going, add sugar and dry milk. Blend until smooth. Makes about 1 can of Sweetened condensed milk.