Quick and Easy Peach Cheesecake

2 (8 ounce) packages cream cheese, softened

½ cup confectioners sugar

1 teaspoon vanilla extract

2 (12 ounce) jars peach preserves

1 (8 ounce) container whipped topping

2 (8 inch) prepared graham cracker crusts

Beat cream cheese in a large bowl with an electric hand mixer until smooth.

Spoon confectioners sugar into cream cheese and beat until fully incorporated.

Beat vanilla and peach preserves into cream cheese mixture until combined.

Fold whipped topping into cream cheese mixture until evenly smooth.

Divide cream cheese mixture between the two prepared graham cracker crusts and spread evenly. Refrigerate until set, at least 1 hour.