Place the cereal in a large mixing bowl; set aside.
Place the chocolate morsels, peanut butter, butter and vanilla in a microwave safe bowl.
Microwave on high for 30 second increments, stirring in between, until chocolate is melted.
Pour the melted chocolate mixture on top of the cereal and stir to combine.
Place ½ of the powdered sugar into a gallon sized zip top bag.
Add cereal mixture to the bag and top with the remaining powdered sugar.
Close the bag and shake until all of the cereal is coated in the sugar.
Notes
Add Candies: Take your muddy buddies to the next level by adding small candies like M&M’s. Their vibrant colors add a enticing visual appeal.
Cookies: To add an extra layer of texture and flavor, toss in some mini chocolate chip cookies or even mini oreos.
Nuts: If you're a fan of nutty goodness, don't hesitate to incorporate some nuts, like almonds or peanuts, into your muddy buddies.
Low Sugar Chocolate: If you're looking to cut back on sugar, opt for a low sugar chocolate. This choice allows you to enjoy the same great taste with less sweetness.
Storage: Store Muddy Buddies in an airtight container or plastic bag to keep fresh.