Mix all the ingredients to a small saucepan until combined.
Bring to a boil. Once it has come to a boil, reduce heat to low. Simmer for about 18 to 20 minutes until thickened, stirring every few minutes to ensure that the bottom doesn’t burn. As it's simmering, give it a taste and adjust ingredient quantities as needed (see notes below for guidelines).
Let cool slightly if serving immediately. If storing, let cool completely first. Enjoy!
