Add some festive candy to puppy chow for a fun holiday treat!
Slowly melt peanut butter, butter, and milk chocolate chips over low heat in a saucepan. DO NOT BOIL. Once melted, pour over the cereal and toss until well coated.
Place the coated cereal in a large paper sack then add the powdered sugar, fold down the top of the bag and shake to coat. Add in colored candy pieces. Enjoy!