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Add water to a saucepan over high heat. Whisk in the cornmeal.
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Bring to a boil, stirring constantly.
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Reduce heat to medium or medium-low once thickened.
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Stir in milk and continue to stir until polenta reaches desired thickness.
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Scoop into a bowl and top with the peaches and almonds.
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Sprinkle on the cinnamon and drizzle the honey on top.