Money Plant: Care Tips and Benefits

money plant

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The money plant, also known as the jade plant or Chinese money plant, is a popular and easy-to-grow houseplant that is often associated with wealth, good luck, and prosperity. This succulent plant is known for its thick, fleshy leaves and its ability to thrive in a variety of indoor environments. Whether you’re looking to add a touch of greenery to your home or hoping to attract some financial luck, the money plant is a great choice. In this article, we’ll dive into the care tips and amazing benefits of this versatile plant.

Key Takeaways

  • The money plant is a popular and easy-to-grow houseplant
  • It is often associated with wealth, good luck, and prosperity
  • The money plant is known for its thick, fleshy leaves and ability to thrive indoors
  • This article will provide care tips and highlight the benefits of the money plant
  • The money plant can help add greenery and positive energy to your home

What is a Money Plant?

The money plant, scientifically known as Crassula ovata, is a succulent plant that originates from South Africa. This versatile houseplant has been cultivated and revered for centuries in many Asian countries, where it is believed to bring good fortune and wealth to its owners. The plant’s thick, shiny leaves are often compared to coins, which is where it gets its common name – the money plant.

Origins and Symbolism

The money plant has a rich history and cultural significance, particularly in Asian countries like China and Japan. In these regions, the plant is commonly associated with wealth, prosperity, and good luck. The thick, circular leaves of the Crassula ovata are believed to resemble ancient Chinese coins, leading to the plant’s association with financial abundance and success.

Identifying the Money Plant

Recognizing a money plant is relatively easy, thanks to its distinct physical characteristics. The plant features fleshy, rounded leaves that are typically a vibrant green color. The leaves are often compared to coins or jade, which is another reason for the plant’s nicknames, such as the „jade plant” or „Chinese money plant.” The money plant’s thick, succulent stems and its ability to thrive in a variety of indoor conditions also help distinguish it from other houseplants.

Choosing the Right Money Plant

When selecting a money plant, also known as the jade plant or Chinese money plant, you’ll find a variety of cultivars and varieties to choose from, each with its own unique characteristics. Some popular options include the Crassula ovata „Gollum,” which boasts tubular, finger-like leaves, and the Crassula ovata „Hobbit,” known for its smaller and more compact foliage.

Varieties and Cultivars

In addition to the Gollum and Hobbit varieties, there are several other cultivars of the money plant that offer different leaf shapes, colors, and growth habits. The Crassula ovata „Beetle” has rounded, fleshy leaves, while the Crassula ovata „Crosby’s Compact” is a more diminutive version with a tighter, bushier appearance. Exploring the various varieties and cultivars available can help you find the perfect money plant to suit your needs and aesthetic preferences.

Factors to Consider

When choosing the right money plant for your home or office, there are several important factors to consider. Think about the size and growth habit of the plant, as well as the amount of space you have available. Some money plants can grow quite large, while others remain more compact. Additionally, consider the light requirements of the plant and ensure it will thrive in the conditions of the location where you plan to place it.

Caring for Your Money Plant

Proper care is essential for keeping your money plant healthy and thriving. When it comes to soil, money plants prefer well-draining, nutrient-rich potting mix. They should be planted in containers with drainage holes to prevent waterlogging and ensure the roots have access to the oxygen they need to thrive.

Soil and Potting Requirements

Money plants thrive in a well-draining potting mix that is rich in organic matter. A mixture of regular potting soil, perlite, and compost works well to provide the right balance of nutrients and drainage. Repot your money plant every 2-3 years, or when it becomes root-bound, to ensure it has plenty of room to grow.

Watering and Humidity Needs

When it comes to watering, the money plant is a bit finicky. It’s important to let the soil dry out slightly between waterings, as overwatering can lead to root rot and other issues. During the growing season, water your money plant when the top inch of soil is dry. In the winter, reduce watering and allow the soil to dry out more between waterings. Maintaining the right humidity levels is also important for your money plant, so consider using a pebble tray or misting the leaves occasionally.

Light and Temperature Preferences

Money plants thrive in bright, indirect sunlight. Provide your plant with at least 4-6 hours of sunlight per day, preferably near a south- or west-facing window. Avoid direct sunlight, as it can scorch the leaves. As for temperature, money plants prefer warm, consistent conditions between 65-85°F. They don’t tolerate cold drafts or sudden temperature changes well.

Pruning and Propagating Money Plants

Regular pruning is essential for maintaining the shape and promoting the overall health of your money plant. The best time to prune your money plant is during the spring or summer, when the plant is actively growing. Use clean, sharp scissors or pruners to snip off any dead, damaged, or overgrown leaves or stems, taking care to make clean cuts just above a node (the point where a leaf or stem attaches to the main stem).

When and How to Prune

Pruning your money plant can help encourage bushy growth and prevent it from becoming leggy or unshapely. The best time to prune is in the spring or summer, when the plant is actively growing. Use clean, sharp scissors or pruners to snip off any dead, damaged, or overgrown leaves or stems. Be sure to make clean cuts just above a node (the point where a leaf or stem attaches to the main stem).

Propagation Techniques

In addition to pruning, you can also easily propagate money plants to grow new plants. One of the most common propagation techniques is stem cuttings. Simply take a 4-6 inch stem cutting from a healthy money plant, remove the lower leaves, and plant it in well-draining potting mix. Water the cutting regularly, and within a few weeks, you should see new roots and growth emerging.

Another effective propagation technique is leaf cuttings. Carefully remove a healthy leaf from the plant, let the cut end callus over for a few days, and then plant the leaf in moist potting mix. In time, the leaf will produce a new plantlet that you can transplant into its own container.

With proper pruning and propagation techniques, you can maintain a thriving, bushy money plant and even share its good fortune with friends and family by gifting them with new plants.

Common Issues and Solutions

While money plants are generally low-maintenance, they can sometimes encounter a few common issues. One of the most frequent problems is pests, such as mealybugs, aphids, or scale insects. These pests can be controlled by gently wiping down the leaves with a damp cloth or using a mild insecticidal soap.

Pest and Disease Management

In addition to pests, money plants may also be susceptible to certain diseases, such as root rot or fungal infections. To prevent and manage these issues, it’s important to maintain proper watering and soil drainage practices. Avoid overwatering and ensure your money plant is planted in a well-draining potting mix. If you notice any signs of disease, act quickly to isolate the affected plant and treat it with a suitable fungicide or other appropriate remedy.

Troubleshooting Growth Problems

If your money plant is not thriving, it may be experiencing issues with light, temperature, or nutritional deficiencies. Ensure your money plant is receiving the right amount of bright, indirect sunlight. Money plants prefer warm, consistent temperatures between 65°F and 80°F. If the leaves are dropping, turning yellow, or appearing stunted, it may be a sign that the plant needs additional nutrients. Fertilize your money plant with a balanced, water-soluble fertilizer during the growing season to support its optimal growth and development.

Feng Shui and Money Plant Placement

In the practice of Feng Shui, the money plant is considered a powerful symbol of wealth and prosperity. Proper placement of the money plant in your home or office can help harness its positive energy and attract financial abundance. According to Feng Shui principles, the ideal location for a money plant is in the southeastern or eastern corner of a room, as these areas are associated with wealth and abundance.

When choosing a spot for your money plant, consider factors such as lighting, airflow, and the overall energy of the space. The money plant thrives in bright, indirect sunlight, so positioning it near a window or in a well-lit area can be beneficial. Additionally, avoid placing the money plant in direct line with the main entrance, as this can disrupt the flow of positive energy.

To further enhance the Feng Shui properties of your money plant, you can experiment with the placement of mirrors, crystals, or other Feng Shui-friendly accessories around the plant. These elements can help amplify and direct the money plant’s auspicious energy, creating a harmonious and prosperous environment.

Feng Shui Considerations for Money Plant Placement Recommended Placement
Location Southeastern or eastern corner of a room
Lighting Bright, indirect sunlight
Airflow Avoid direct line with main entrance
Feng Shui Accessories Mirrors, crystals, and other auspicious elements

By carefully considering the principles of Feng Shui and strategically placing your money plant, you can harness its positive energy and create an environment that promotes financial abundance and prosperity in your life.

Health Benefits of Having a Money Plant

In addition to its symbolic and decorative value, the money plant offers several tangible health benefits. As a natural air purifier, the money plant is highly effective at removing toxins and improving indoor air quality. It can absorb harmful compounds like formaldehyde, benzene, and carbon monoxide, helping to create a cleaner, healthier living environment.

Air Purification Properties

The money plant’s broad leaves and rapid growth rate make it an excellent air purification plant. Through a process called phytoremediation, the money plant can effectively remove various airborne pollutants, including volatile organic compounds (VOCs), from the surrounding air. This not only enhances the overall air quality but also contributes to a healthier, more breathable indoor atmosphere.

Psychological and Emotional Benefits

Beyond its air-purifying capabilities, the money plant also offers psychological and emotional benefits to its owners. Studies have shown that the presence of indoor plants, such as the money plant, can have a calming and stress-reducing effect on individuals. The money plant’s lush greenery and association with prosperity can elicit feelings of positivity, optimism, and well-being, making it an excellent addition to any living or work space.

Whether you’re seeking to improve the air quality in your home or office, or simply want to surround yourself with a plant that radiates positive energy, the money plant is a fantastic choice. Its health benefits, from air purification to psychological well-being, make it a versatile and valuable addition to any indoor environment.


The money plant, with its captivating symbolism and practical benefits, is a remarkable addition to any household. Whether you’re drawn to its association with wealth and prosperity or simply appreciate its air-purifying properties, this versatile houseplant offers a wealth of rewards. By incorporating the money plant into your living space, you can not only elevate your home’s aesthetic but also contribute to a healthier and more harmonious environment.

As you embark on your journey of caring for and nurturing your money plant, remember that its impact extends far beyond its physical presence. This remarkable plant can positively influence your emotional well-being, fostering a sense of tranquility and enhancing the overall ambiance of your surroundings. With the right care and attention, your money plant can thrive, bringing you a constant reminder of the power of nature and the abundance it can attract.

Whether you’re a seasoned gardener or a newcomer to the world of indoor plants, the money plant is a rewarding choice that can bring both beauty and balance to your life. Embrace its transformative power and let it become a cherished part of your living space, a symbol of the prosperity and well-being you wish to cultivate.


What is a Money Plant?

The money plant, also known as the jade plant or Chinese money plant, is a popular and easy-to-grow houseplant that is often associated with wealth, good luck, and prosperity. It is a succulent plant with thick, fleshy leaves that are often compared to coins, which is where the plant gets its name.

How do I care for a Money Plant?

Caring for a money plant involves providing well-draining, nutrient-rich potting mix, watering it when the soil is partially dry, and ensuring it receives ample sunlight. It’s important to avoid overwatering and to prune the plant regularly to maintain its shape and encourage bushy growth.

What are the benefits of having a Money Plant?

The money plant offers a variety of benefits, including serving as a natural air purifier, improving indoor air quality, and providing psychological and emotional benefits. It is also believed to attract wealth and prosperity in the practice of Feng Shui.

How do I choose the right Money Plant?

When selecting a money plant, consider the different varieties and cultivars, such as the Crassula ovata „Gollum” and the Crassula ovata „Hobbit.” Additionally, think about factors like the size of your space, the amount of sunlight available, and your personal preferences.

How do I propagate a Money Plant?

Propagating a money plant is relatively easy. You can either take stem cuttings or leaf cuttings and plant them in well-draining potting mix. Make sure to provide the cuttings with ample sunlight and water them when the soil is partially dry.

How do I troubleshoot common issues with my Money Plant?

Some common issues with money plants include pests like mealybugs, aphids, or scale insects, as well as growth problems like yellowing leaves or stunted growth. These issues can often be addressed by using a mild insecticidal soap, adjusting watering and light levels, or pruning the plant as needed.

Where should I place my Money Plant for optimal Feng Shui benefits?

In Feng Shui, the money plant is considered a powerful symbol of wealth and prosperity. Placing the plant in the southeast or east corner of your home or office can help harness its positive energy and attract financial abundance.

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