Start by placing your milk, water, butter and uncooked pasta in a large pot over med-high heat. Allow the liquid to come to a low boil, stirring often while it heats to prevent the milk from scalding. Stir in all of the seasonings.

Once it begins to reach the low boil, lower the heat to med-low and let it simmer for 12-15 minutes, stirring often to prevent the noodles from sticking. If you notice that the liquid is being absorbed too quickly, add more milk in, about 1/4 cup at a time. Once the pasta is al dente, there should still be a decent amount of liquid remaining in the pot (enough to coat the pasta) and the remaining liquid should be thick and creamy.

Once it's done, remove the pot from the heat and immediately stir in the shredded cheese. That's it! Serve it immediately. To reheat leftovers if you have any, stir a splash of milk in before heating.