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Step 1
Put olive oil and onions in a large, heavy bottomed saucepan. Cook over medium-high heat stirring only occasionally; cook until golden, about 10-15 minutes.
Step 2
Add sugar and balsamic vinegar and cook until thickened and somewhat syrup-y. Add salt, pepper, and herbs.
Step 3
Cool then transfer to an airtight container. Store in the refrigerator for up to a week.
Step 4
Cool jam and transfer to a freezer safe container. Be sure to leave sufficient headspace for expansion. Freeze for up to 6 months.
Step 5
Test pH. (See notes.)
Step 6
Ladle hot jam into sterilized half pint jars, leaving about ½” headspace. Wipe rims clean and place prepared lids and rings on finger tight.
Step 7
Process in a water bath canner at a rolling boil for 15 minutes.
Step 8
After processing, carefully remove jars and allow to cool undisturbed for 24 hours. Check for seal and store in pantry for up to a year; refrigerate after opening.