In medium sauce pan add milk, rice and sugar. Bring to a boil. Reduce heat and stir in vanilla extract and raisins. Simmer for 15-20 minutes or until desired consistency, stirring occasionally. Remove from heat and add in cinnamon and nutmeg. Spoon into serving dishes. Serve warm or chilled!

If you like it creamier add 1/2 cup milk.
Sprinkle with cinnamon and serve!