In a medium mixing bowl or a stand-up mixer, pour in heavy whipping cream and sugar. Whip on medium with the whisk attachment for 2-3 minutes. Just before it peaks, add the teaspoon of whipped cream cheese and whisk for another 2 minutes. Taste the whipped cream and add more cream cheese to taste. If you like it more tart, I’d say add another 1/2 teaspoon, just be careful to not over-whip or you’ll have butter on your hands in no time.

In a medium saucepan, heat the milk over medium heat. Add a splash of water and the chocolate chips, constantly stirring gently. When almost melted, add the red food coloring paste and stir some more. The color should be a deep red, similar to the picture above. When the chocolate chips are all melted, pour the hot chocolate in four mugs and top with the whipped cream.