Become a Creator today!Start creating today - Share your story with the world!
Start for free
00:00:00
00:00:01
Fructuous Friday Finance - Pistachio Tiramisu
38 Plays9 months ago
Financial expert Paul Magill analyzes a question about what product to buy.
Recommended
Transcript
Introduction and Engagement
00:00:00
Speaker
It's Fructuous Friday Finance.
00:00:04
Speaker
Every Friday, one of our experts answers your personal finance questions. Hey, America, are you ready to plant Fructuous Money Seeds?
00:00:16
Speaker
Let's start digging.
Meet the Expert
00:00:27
Speaker
My name is Paul McGill. I'm your triple F expert today. Thank you to POS Podcast Productions for sponsoring this program. As always, remember to use the FFF VoIP number to record your questions.
Anonymous Caller Seeks Advice
00:00:42
Speaker
Our caller this week wants to remain anonymous. Let's listen to her message.
00:00:49
Speaker
Hi FFF experts. My husband has been mentally and physically abusing me since the last day of our honeymoon. Recently he's become extremely controlling with money and he started slapping me in the face when I spend too much.
00:01:06
Speaker
The slaps don't really hurt. They're psychologically humiliating more than anything. I'm clueless to when and why my purchases set him off.
00:01:18
Speaker
He says I'm a total idiot with money, but I can't figure out how to please him. Next month, I need to buy pistachios to make his favorite birthday dessert, pistachio tiramisu.
00:01:31
Speaker
Do you think I should buy one and a half pounds of shelled pistachios or three pounds with the shells still on? It's really tedious to remove the shells for this dessert, but I don't want to get slapped because he thinks I paid too much for pistachios.
Paul's Financial Advice on Buying Pistachios
00:01:51
Speaker
Hello, Puzzle Pistachio Buyer! I'm happy to say your question is just a simple math problem. What you need to do is calculate the cost-benefit analysis for shelling pistachios yourself.
00:02:04
Speaker
I'm assuming you're a stay-at-home wife, since you're willing to make pistachio tiramisu. National economists apply a $17 hourly wage to activities performed by stay-at-home wives.
00:02:16
Speaker
Studies show casually shelling pistachios can take up to 10 minutes per cup. You'll need two cups of pistachios for your pistachio tiramisu. De-shelling will cost you an additional $5.66 of wage labor.
00:02:32
Speaker
A 1.5-pound bag of shelled pistachios costs $18, and a 3-pound bag with the shells still on costs roughly the same. But how much do the shells weigh 3-pound bag?
00:02:47
Speaker
You'd be surprised to find out that 47% of the weight in a 3-pound pistachio bag is the shells. So, buying pistachios with shells nets 5.7% more seed volume.
00:03:00
Speaker
That's a savings of $1.02. and two cents Considering the labor to remove the shells, I strongly recommend you buy pistachios without shells. You'll come out ahead $4.64.
00:03:13
Speaker
Good luck with your husband. If you follow my advice, I'm confident you won't get slapped this time.
Conclusion and Farewell
00:03:25
Speaker
The Fructuous Friday Finance Show has come to an end. Until next time, thank you, America!