Overnight steel cut oats

• 1 tsp butter
• 1 c. steel cut oats
• 1 c. milk
• 2 c. water
• pinch of salt
• handful of dried cranberries
• splash of vanilla extract

Melt butter in a saucepan over medium heat.  Toast oats in butter for a few minutes.  Add water, milk, salt, and cranberries.  Bring to a simmer and cook for 3 minutes.  Stir in vanilla.  Remove pan from heat, cover, and let sit overnight.