Gather all supplies
Pour 9 cups of chex cereal into a bowl and set aside
Put 1 cup of chocolate chips, 1/2 cup of peanut butter, and 1/4 cup of butter or margarine and put it in the microwave until it is melted
Add 1 tsp of vanilla into the peanut butter, chocolate chips, and butter. Stir until everything is mixed
Then pour over the chex cereal and mix to distribute evenly over the chex.
Pour the chex into a bag
Pour 1 1/2 cups of powdered sugar over the chex in the bag and shake the bag.
Pour out onto wax paper and let cool until your ready to eat it!