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Step 1
Using large saucepan with a lid, add grits, chicken stock, hot water and salt; stir until well combined. Place over medium-high heat and bring to a boil, stirring occasionally.
Step 2
Stir in cream and reduce to a simmer. Cook for 17-18 minutes, stirring occasionally, until grits are tender and have thickened. Remove from heat, cover and keep warm.
Step 3
Meanwhile, using a medium bowl, add the shrimp, hot sauce and lemon juice; toss until well coated. Set bowl aside.
Step 4
Add the sausage and bacon to a heavy skillet and place over medium heat. Cook, stirring occasionally, until both sausage and bacon are browned but not crispy (~10-12 minutes). Transfer sausage and bacon to a plate and pat dry with paper towels. Leave bacon grease in skillet.
Step 5
Add peppers, onion and garlic to skillet with bacon grease. Cook over medium heat, stirring occasionally, until onions turn translucent (~6-8 minutes).
Step 6
Add flour and cook for 2 minutes, stirring constantly. Return cooked bacon and sausage to pan. Add chicken stock, stir and bring mixture to a simmer. Let cook for 3-4 minutes, stirring occasionally.
Step 7
Finally, add shrimp and continue cooking for 5-7 minutes, or until shrimp are opaque in center and fully cooked.
Step 8
Add shredded cheese to grits and stir until cheese has fully melted. (Note: If necessary, add a splash of water to the grits to loosen them up.)
Step 9
To serve, spoon grits onto plate and top with sausage, bacon and shrimp mixture.
Step 10
{Optional} Garnish with chopped green onions before serving.