Portable Picnic Cookies

1 package of marchmallows

12 oz. of chocolate chips

1/4 cup of butter

3 cups of Life cereal

12 oz. of peanuts

In saucepan over low heat, melt marshmallows, chips and butter...smooth and add cereal.  Next add peanuts, drop by teaspoon onto wax paper.   Store the cookies in air tight container.