Peanut Butter 'Good' for Health Peanut Butter, a thick spread made from grounded peanuts is blended to get a fine and smooth paste. You can have peanut butter without worrying about calories. Read on to know why Disclaimer - All information and content on this site are for information and educational purposes only. The information should not be used for either diagnosis or treatment or both for any health related problem or disease. Always seek the advice of a qualified physician for medical diagnosis and treatment.