Heat the rice and milk in a saucepan over medium heat until bubbly, being careful not to scorch the milk.
Turn down the heat, stir it fairly often and let it cook a bit to break down the rice about 5-10 minutes.
Add the honey, molasses, cinnamon and nutmeg.
Beat the eggs in a separate bowl.
Add a little bit of the rice mixture to the eggs and stir well.
Pour the eggs into the rice mixture on the stove and stir quickly so the eggs do not clump.
Remove from heat and add the vanilla.
Top with fresh cream and your favorite nuts, fresh or dried fruit.
If you like a sweeter breakfast food, top with additional sweetener in your bowl.