Peach Monkey Bread

1/3 cup peach jam
1 tube refrigerated biscuits
1/4 cup honey
1/2 cup chopped walnuts
2 tablespoons butter or margarine, melted

In mixing bowl combine the peach jam, honey and nuts. Stir in the melted butter and set aside.

Separate the 10 biscuits and cut each in quarters. Using half of the pieces, layer them in an 8-inch pie tin. Spread half of the peach jam mixture over the biscuits. Place the remaining biscuit pieces on top and spread with the remaining jam mixture. Bake at 350 degrees to 375 degrees for 25 to 30 minutes, or until a deep golden brown. Invert onto a serving dish. Pull apart to serve.

NOTE: Just about any flavor jam or preserves may be used. A ready-made frosting may be used as an icing, if desired.