Money Trees Will Make You Rich!

I have decided to get back into plants. Over the last few years, we haven’t had any plants around the house, and I realized how much I miss them. Nothing beats having a bit of nature inside, however small it may be.

After a lot of online research to find plants that were both cat-friendly and not too easy to kill I decided to get an Areca Palm,  Prayer Plant, and a Money Tree.

We’re all very excited about how we’re going to get ‘rich as f*ck’ now that we have a Money Tree!

Just kidding, these plants don’t actually make you rich, but I couldn’t resist and felt compelled to use the myth for this post’s title. Forgive my odd sense of humour.

Money trees are also fascinating and attractive because of their Twisted trunks. The trunks don’t grow that way naturally you have to twist the small young trunks from a few plants around each other and then tether them so that they continue to grow this way.

Some More Interesting Facts About Money Trees.

“The belief around this plant is that it can bring luck into your life, especially during a big life milestone, such as opening up a new business,” emails Rebecca Lee, a registered nurse and founder of natural health resource Remedies for Me. “They are also given to friends or new neighbours as a symbol of friendship,” she says of the plant, which features coin-shaped leaves.

“This plant is actually a Malabar chestnut tree that in the wild can get to be 50 feet [15 meters] tall, but in the houseplant world we usually see them as desktop plants of maybe a 4-5 foot [1.2-1.5 meter] specimen,” explains Rebecca Bullene with Greenery NYC via email interview.

The Chinese money tree is one of the most popular houseplants in the world according to Lee. “They are very easy to care for and can last for years. They are widely used in the Chinese culture during feng shui, the cleansing of your house in order to live in harmony with the surrounding environment.”

The trick, of course, for me, will be keeping this cool plant thriving.

So I did a bit more research and for those of you who are like me and plant dumb here’s a brief synopsis of what I found out.

How To Look After A Money Tree:

Money trees prefer bright, indirect light and moderate-to-high humidity. Direct sunlight can lead to leaf-scorching, but the plants can do relatively well in low light. Exposure to too many drafts, though, may cause leaf loss. Heater vents and hot, dry air also need to be avoided.

If you can’t keep your money tree in a bright, steamy bathroom, make it a humidity-enhancing pebble tray. You can do this by filling a shallow dish with small rocks, add water to partially cover the stones, and set the plant on top.

To avoid root rot, a money tree needs a sandy, peat-moss-based soil and a pot with good drainage. Although it likes humidity in general, you should let its soil dry out between watering. A good schedule for most environments is to water when the top 2-4 inches of soil are dry. Water thoroughly, until water flows out the drainage holes of the pot, and pour out the excess from the tray so that the roots don’t sit in water.

During the growing season, fertilize once a month with a liquid plant food at half strength, but skip fertilizer in the winter.

So wish us luck and prosperity in our new Money Plant growing experiment.


4 thoughts on “Money Trees Will Make You Rich!”

  1. I hope that when it works, a trip to NZ will be on the agenda 🙂
    As an aside, we have some totally different-looking money trees, which got me a bit concerned about my feng shui pension fund. Extensive research (well, Google) tells me that there ARE different plants with the same powers attributed to them. Ours are Jade plants — succulents that are VERY robust and very pretty. Which is why I bought them way back in my “feng shui — is that a dance move” years.
    Happy weekend.

    • Hahaha, thanks for the great laugh! (“feng shui — is that a dance move”) And a trip to NZ will definitely be on the agenda when we hit the jackpot or plant pot! Oooh, bad joke9s), sorry. Have a great day, Su. 🙂

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