Money Plant: Benefits, Types, Care & All You Need to Know

Money plant has long been associated with good luck and fortune and is often seen as a symbol of prosperity. The money plant is an easy-to-care-for houseplant that is popular with gardeners and indoor plant enthusiasts.

The plant can be grown in a variety of settings, including pots, planters, and hanging baskets. Money plants are also often used as topiaries. 

If you are thinking of adding a money plant to your home, there are a few things you should know.

Below we will provide an overview of everything you need to know about money plants, including benefits, types of money plant, tips on care, vastu for money plant and maintenance like how to take care when in water and when in soil.

Facts About Money Plant

• The scientific name of the money plant is Crassula ovata. The plant is native to South Africa.
• The money plant is a popular houseplant among indoor plant collectors as it is thought to bring good luck and prosperity.
• The ideal temperature for growth is 70°F to 75°F, though the plants can endure lower light levels.
• Plants should be watered regularly. Make sure you maintain intervals between watering to let the soil to dry out. Twice a month, use a balanced fertilizer to fertilize the plants.

Houseplants are often thought of as being low-maintenance, but that doesn’t mean they don’t require any care at all. Money plants, in particular, do best when they receive consistent care.

Types of Money Plants

There are two types of money plants : 

• The jade plant often called the friendship tree, is a well-known variety of money plants. The jade plant has glossy, green leaves and can grow to be quite large. 
• The money tree is known for its long, thin branches that are topped with small, green leaves. Money trees are a bit more difficult to care for than jade plants and require regular watering and fertilizing.
• Chinese Money Plant – This is a beautiful ornamental that adds monetary wealth and success to your environment. 
• Pothos – This plant’s appearance is really beautiful and magnificent. Pothos is the home’s bringer of money and luck. 
• Swiss Cheese Money Plant – This is the plant that attracts beneficial energy to the home. The Swiss cheese money plant is well-known for its variegated, big, glossy leaves, which provide a distinct touch to the house. 

How to Care for a Money Plant

• Water the plant regularly.
• Add a balanced fertilizer every two months.
• One of the most important things you can do to care for your money plant is to make sure it receives enough sunlight. If you are keeping your money plant indoors, make sure it is placed in a location where it will receive plenty of light.
  
  
• Money plants can be susceptible to pests and diseases, so keep an eye on them and take action if necessary. If your money plant starts to look sick, take it to a local garden center for advice.

Money Plant’s Advantages / Benefits

• The money plant is regarded to bring good fortune. The plant is also seen as a sign of wealth. 
• Money plants, besides being visually appealing, can also purify the air in your environment. 

Money plants are also easy to care for, making them a good choice for those who are new to indoor gardening.

Tips for Growing Money Plant

If you are thinking of adding a money plant to your home, there are a few things you should know. 

Type Of Pot

If you want to grow the money plant inside your house, choose a small container. Plant development is greatly influenced by pot selection. For better growth, plant it in soil directly instead. It’s suggested that you place the pot with plants on your balcony or patio for quicker growth.

Planting

Either put the plant in water or soil, let it develop roots first in water and then transplant it into a soil container. The first and most important thing to know about growing a money plant quicker is that you must start by putting the plant in water. Allow the plant to form roots while still in water. As the plant grows roots, it will also start to grow leaves. Once the plant is well rooted, then transplant it into a soil container.

Water

Water this plant for 7-10 days in the summer and 2-3 weeks during the winter season. You can also wait between waterings. Only use damp soil while feeding them.

Light

If you keep the money plant on your desk, watch it extend its tendrils toward the light. The money plant does indeed thrive in solar hues and benefits from exposure to sunlight. As a result, keeping it in direct sunshine next to a window will promote faster development. This will make your experience more pleasurable, and you’ll be amused by watching money plants grow towards the sun.

Fertilizer

As the money plant is not a blooming plant, it should be fertilized using nitrate-based fertilizer. Water-soluble fertilizer is effective. Feed this plant once a month in the summer and spring while it grows larger, and there is no need to fertilize it during the winter because the development of the plant naturally slows down. Before feeding, dampen the soil (but not drenched) and then sprinkle the fertilizer around the pot in a circular motion.

Temperature

The money plant prefers moderate temperatures (between 18-27 degrees Celsius). If you keep the plant in a cooler place, make sure to provide extra warmth. 

Soil

Rich soil is necessary for growing healthy money plants. A potting mix with added organic matter is perfect for these plants. Water when the top inch of soil feels dry to the touch. You can also water by placing the pot in a container filled with water until the soil surface is wet. Afterward, allow the pot to drain

Support The Creepers

All of us know that money plants like to climb. We may add plastic or glass poles for this purpose. These poles will assist the plant in reaching its full potential and promoting faster development. So, by assisting the money plant in getting up properly, you can help it grow faster. This is another technique for making money plants develop quicker because climbing is not a thing one can do quickly. As a result, aid the money plant’s growth by assisting it in achieving greater heights.

Pruning

Pruning is another essential step to consider. How can the fresh, new branches emerge if you don’t remove the dead or overgrown branches of the money plant? As a result, it is advised that you cut away the dying and overgrown limbs of the money plant to see how fast it grows. This is one of the techniques for increasing money plants’ speed.

Money plants can be a beautiful addition to your home and can bring good luck and fortune to your family. So, if you’re looking for an easy-to-care-for plant that is also believed to bring good luck, a money plant may be the perfect choice for you.

FAQs on Money Plant

Can we keep the money plant in our bedroom?

Money plants can be kept in the bedroom, but they should not be placed in the sleeping area. The plant can attract insects and pests which can interfere with sleep.

Can money plants absorb harmful toxins?

Formaldehyde, carbon monoxide, and benzene are all examples of poisonous gases that money plants can absorb.

Can money plants harm my child?

If ingested, the leaves of the money plant can cause stomach upset in children. 

Conclusion

Money plants are beautiful houseplants that bring prosperity and good fortune to your space. So, if you’re looking for an attractive and beneficial indoor plant, a money plant may be the perfect choice for you.

Indoor money plants are often considered auspicious, especially in Asian countries. Typically money plant has two varieties: the jade plant and the money tree. Money plants are simple to produce and reproduce, making them suitable for both novices and experts. Because money plants are susceptible to pests and illnesses, it’s critical to keep an eye on them and take action if necessary. 

While it may sound hectic to grow a money plant, it is quite simple and easy to care for. So, don’t shy away from purchasing or growing a money plant in your house. Follow the above guide for tips on how to care for your money plant, and enjoy all the benefits this beautiful houseplant has to offer.