Butter one side of each piece of bread. Turn over and spread softened cream cheese on the other side.
Top one slice of bread [the cream cheese side] with monterey jack and the slice of gouda. Place the other slice of bread, cream cheese side down [facing the gouda], on top.
Place sandwich [butter side down] into the Always Pan on low - medium heat. Heat on one side for 4-5 minutes and flip until all of the cheese is melted.
Remove from the stove and enjoy!