‘Velvet holiday cheat’: Just 3 ingredients. My grandkids beg for a huge slice every time they visit.

For a slightly richer cake, you can swap half of the evaporated milk for regular milk or even a bit of cream, though it’s not necessary for a delicious result. If you have picky eaters who don’t love a lot of frosting, only spread whipped topping over half the cake and leave the other half plain or with a very thin layer. You can also sprinkle the top with chocolate shavings, red and green sprinkles for the holidays, or a dusting of cocoa powder to dress it up without adding extra ingredients. If you need to make it ahead, bake the cake the day before, keep it covered at room temperature, and add the whipped topping the day you plan to serve. For smaller families, bake the cake, cut it into squares, and freeze individual pieces (without whipped topping) wrapped well; thaw slices as needed and top with fresh whipped topping right before serving. If someone in the family prefers a less sweet bite, serve their slice with a spoonful of lightly sweetened Greek yogurt instead of the whipped topping for a tangier twist.