Gather your ingredients and a large kettle or Dutch oven.
Prepare the Ingredients
Using a food processor or a box grater, shred 2 large Russet potatoes and 1 large carrot (peeled).
Mince 1 medium sweet onion on a cutting board with a sharp Chef's or Santoku knife.
Prepare the homemade broth mixing together 4 cubes chicken bouillon + 4 cups boiling water. Or if desired, you may substitute store-bought chicken broth instead.
Slice 10 oz processed cheese like Velveeta into small cubes for faster melting.
Make the Soup
In a large kettle or Dutch oven, brown 1 1/2 pounds lean ground beef (or ground venison) over medium heat.
Add the shredded potatoes, carrots, and minced onion. Stir to combine.
Pour in the prepared chicken broth and cook until the vegetables are tender, about 12-15 minutes.
Add 2 cups whole milk and cubed processed cheese. Cover with a lid and simmer on low heat, stirring occasionally until melted.
Season with 2 teaspoons dried parsley (or 2 tablespoons chopped fresh parsley), 1 teaspoon kosher salt, and 1/2 teaspoon freshly ground black pepper. Simmer uncovered for an additional 7-10 minutes. Serves 4-6.