You Really Pay for Convenience

This morning while I was waiting for the coffee to finish brewing at work I happened to glance in the vending machine. I noticed a package of peanuts, the same package I had packed for my lunch. I immediately looked at the price and started thinking about how bad of a deal it is to buy them.

My wife had just purchased a package of them from the grocery store. She told me they were $1.99 for an 8 pack. The single packs 1 and 1/8 ounces in size. So doing the math you’ll pay about $0.2211 per ounce. I just found a 6 pack of Planters Dry Roasted Peanuts, 34.5-Ounce Canisters for $36.72 at Amazon. Doing the math it’s about $0.1773 per ounce. Obviously, you get the better deal buying the bulk canisters and not the individual packages.

Now, back to the vending machine packages I noticed while waiting for the morning coffee. They were the same 1 and 1/8 ounce packages for a whopping $0.65! Do some quick math and you will discover you are paying $0.5777 per ounce for those peanuts! That’s over 3 times the price of the bulk canisters. Wouldn’t it be worth the money to buy the big canisters and control your portions to save the extra money?t