The 2018 Volt Owner's Manual recommends leaving the Volt plugged in when parked in it's primary parking location with a few exceptions:
1) Up to 4 weeks, just leave the Volt plugged in. *
2) If you won't be driving the Volt for more than 4 weeks, then leave the Volt unplugged with 3 bars (30%) state of charge showing on the battery meter.
* Personally I always try and unplug my Volt if there are any electrical storms forecast for my area.
40F is not too cold to charge or being able to use regenerative braking; if you leave the Volt plugged in then the Volt's battery temperature manatement system (TMS) will ensure that the battery does not get too hot or too cold (too cold to charge is colder than 32F, it has to get to -23F before the battery is at risk of freezing.) If you observe the Volt charging in warm weather, depending on the battery temperature, the TMS may wait until charging has been completed to turn on the coolant pump and/or AC compressor to cool the battery; charging is more efficient when the battery is warm.
The Volt may continue to draw a small amount of power (less than 100W) once charging has been completed. The car will periodically balance the cells in the lithium ion battery pack. The on-board charger will also periodically maintain the 12V battery. When the Volt's TMS is heating the battery because the battery is too cold this will draw ~1kW for up to 15 minutes at a time.
Depending on how many miles you typically drive during the day you do not have to plug in the Volt every time you arrive back at home. You might charge every night M-F and then only charge once on the weekend or twice on Saturday and/or Sunday if you do additional driving on the weekend. If you typically drive very short distances each day, especially in spring and fall temperatures, you can skip charging for a day, two or longer and it will not make any difference if you only plug in once or twice a week.
if you are charging using the 120V EVSE that comes with the Volt you will probably want to plug in every evening because it takes many hours to fully recharge the battery (19 hours at the default 8 amp setting, 12-13 hours at the 12 amp setting.) Only use the 12 amp setting if you are certain that there are no other appliances plugged in on the same electrical circuit or you will overload the circuit, trip the breaker. If the outlet where you plug in is old, replace it with a new, high quality power receptacle so there is a tight connection when the EVSE is plugged in. Don't let the EVSE hang from the power plug as over time this will damage the plug.