Preheat your oven to 350 degrees F.
Combine butter (you can substitute lard if you want) and sugar until all lumps are gone. You could do this with your mixer or using a pastry cutter. I substituted Crisco for butter because that’s what I had on hand. And then, I mixed them together using a wooden spoon. Just make sure it’s well combined with no lumps. Set aside. Combine flour, salt, and baking powder. You could certainly combine them with a sieve, but I just fluffed them with a fork until the ingredients were mixed together evenly. Set aside.
Pour milk into your sugar and butter mixture and stir well. You could use your electric mixer if you like. I just mixed it well with the wooden spoon.
Pour the flour mixture into your other bowl slowly. Mix well until it's nice and smooth. You’ll get a thick sticky batter that can hold its own shape. Try to make sure there are no large lumps of butter anywhere.
Add in your fixings. I added a bit of nutmeg to my poverty cake.
Pour your batter into a pan. If you want it a little thicker, you could use a small cake pan, but keep in mind that for this type of cake, thinner works better. I wanted my poverty cake to be thinner, like a piece of French toast or a thick pancake. So I poured my batter into the center of a non-stick cooking sheet. I smoothed the batter out, so it was all even, but it didn’t fill up the entire pan.
Put your pan in the middle of the oven and bake for up to 25 minutes if using a cake pan. Because my cake was a little thinner, I baked it for exactly 20 minutes.
My cake was done when the edges started to turn a little golden brown, and the cake felt a bit spongy on top.
Allow the cake to cool for a bit.
Then I transferred my cake from the cooking sheet to a cutting board so I didn’t accidentally cut my cooking sheet.
Cut your cake into pieces. I cut mine with a pizza cutter.
Serve and enjoy!