This is something that I saw on Jon and Kate Plus Eight.
Take your favorite cereal collection and dump in a bowl. (I used Cheerios, Reese's Crunch, and Corn Chex.) Dump in a generous helping of pretzels and M&M's. Melt one 12 oz package of chocolate chips and a big dollop of peanut butter in the microwave. Mix with dry ingredients. Take a ziplock baggie and pour in some powdered sugar. Add in cereal. Shake. I then package them in little snack sized baggies for individual servings and to make sure that they don't eat the whole bowl in one fell swoop.LOL