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Step 1
Add the peanut butter, butter, and vanilla to a large bowl or stand mixer and cream together for 30 seconds.
Step 2
Sift 3 cups of the powdered sugar into the bowl and beat until smooth. If the mixture is still too soft, beat in an additional 1/2 cup. The mixture should stick together but not be sticky, moore of a set fudge texture.
Step 3
Chill the mixture in the refrigerator for 30 minutes.
Step 4
Line a cookie sheet with parchment paper and portion the peanut butter mixture out with a medium cookie scoop and roll into balls. Place them on the cookie sheet and chill in the freezer for 20 to 30 minutes.
Step 5
Just before removing the balls from the freezer, melt the chocolate melting wafers in a wide glass on 30-second intervals, stirring between each, until fully melted.
Step 6
Use a toothpick to spear the balls and dip them in the melted chocolate. Use a fork to help remove the toothpick from the ball and place back on the parchment paper.
Step 7
Use your finger or a paring knife to lightly cover the hole from the toothpick.
Step 8
Allow to set until the chocolate hardens.