In a medium mixing bowl, mix together cream cheese, powdered sugar, food coloring and vanilla until smooth.
Line an 8x8 inch pan with foil and spray lightly with nonstick spray.
You can use a double boiler or just place your chocolate in a microwave safe bowl and microwave on half power for two minutes, being sure to keep stopping every 15 seconds or so to stir it as to not over heat it. I used a double boiler because there is less chance of accidentally burning the chocolate, you do not want it grainy!
Stir melted smooth chocolate into the pink cream cheese mixture. If you chose to add nuts, you may add them now and mix to combine.
Pour in prepared pan.
Cover and chill for 1 hour or until set.
Cut into squares and serve or store in airtight container.
ENJOY!