Also known as puppy chow, this was a college party (read: potluck) favorite back in the day. It takes six ingredients, and it’s a lot of fun to make. I made a video to prove it:

Here’s your recipe

Ingredients
9 cups of Chex cereal, in any variety you prefer
1 cup chocolate chips
1/4 cup (1/2 stick) salted butter
1/2 cup peanut butter
1 teaspoon vanilla extract
1 1/2 cups powdered sugar

Directions
Put the cereal in a very large bowl and set aside. Microwave the chocolate, peanut butter, and butter in a bowl until melted and smooth, about 40 seconds. Add the vanilla extract and stir. Pour this over the cereal and combine gently until the cereal is coated evenly. Place the cereal in a gallon sized ziploc bag and add the powdered sugar. Shake well until all the powdered sugar has stuck to the cereal. Lay out to dry for 10 minutes if you can wait,  then serve!

 

It’s great with milk, actually….