01 -
In a mixing bowl, beat the softened cream cheese and granulated sugar with an electric mixer until smooth and creamy.
02 -
Gently fold the whipped topping into the cream cheese mixture using a spatula until fully incorporated.
03 -
Add the vanilla extract and stir until evenly blended throughout the dip.
04 -
Carefully fold in the red and blue sprinkles, making sure they are evenly dispersed without breaking or sinking.
05 -
Cover the bowl with plastic wrap and chill in the refrigerator for at least 30 minutes before serving.
06 -
Serve the dip cold, accompanied by graham crackers, fresh fruit slices, or pretzels.