Step 1

In a large bowl, combine the chex cereal and salted peanuts.

Step 2

Break the white chocolate baking bars into smaller pieces in a microwave safe bowl. Melt the bars in the microwave in 20 second increments. Stir the white chocolate in between each interval until the chocolate is fully melted.

Step 3

Pour the melted chocolate over the Chex cereal mixture and stir until everything is thoroughly coated.

Step 4

Liberally sprinkle the powdered sugar into the bowl, stirring the powdered sugar and Chex/chocolate mixture together until the Chex cereal is completely coated in the powdered sugar. If you are having trouble, you can pour the cereal into a gallon sized bag and shake it to evenly distribute the powdered sugar.

Step 5

Transfer everything to a large serving bowl. Leave excess powdered sugar in the mixing bowl.

Step 6

Mix the white yogurt covered pretzels and red and green mini M&Ms into the mixture until the ingredients are distributed throughout the bowl as evenly as possible.

Step 7

Add some festive sprinkles over the top of the serving bowl. Enjoy!