Preheat the oven to 300 degrees and adjust racks to the center of the oven. Line an 8- by 8-inch baking dish with parchment paper or foil. Spray the parchment or foil with nonstick cooking spray.
1/2 cup honey
1/2 cup creamy peanut butter
2 tablespoons light brown sugar
1 tsp vanilla extract
In a saucepan, over medium heat, add the honey, peanut butter and brown sugar and bring to a light simmer, stirring until the peanut butter and sugar is well mixed into the honey. Pull off the heat and stir in the vanilla.
In a bowl, mix together the dry ingredients.
2 cups plain, puffed wheat cereal
1/2 cup dried cranberries
1/2 cup sliced almonds
1/2 cup nonfat dry milk powder
1 tsp cinnamon
Working quickly, (like when you make rice krispie treats!), add the PB mixture to the dry ingredients and stir to coat. Add the sticky mixture to the prepared baking dish and pat down with the rubber spatula, firmly. This will make slicing easier later on. Bake on the middle rack until just lightly golden, about 18-20 minutes.Cool the bars completely in the pan, and then slice.