Thanks to Moneysavingmom.com I got this great idea! And thanks to Theresa she had given me the pampered chef tool to make it happen a few months ago and I had never used it!
Step 1: put peanut butter on both side of the bread
step 2: jelly in the middle
Step 3: cut with tool
Step 4: Place in individual bags
Step 5: place in freezer until you need a lunch on the run for the kids!