Next mix in milk and unwrapped caramels. Continue stirring over medium high heat until caramels are completely melted. Remove from heat.
Pour Rice Krispies in a small cereal bowl.
Lay out a piece of wax paper to allow marshmallow to cool after completion.
Put marshmallows on a table knife and roll in caramel until covered. Next roll caramel covered marshmallow in Rice Krispies. Remove marshmallow from knife by using a fork onto wax paper. Allow to cool. Enjoy!
