The Ultimate Guide to Growing and Caring for Your Money Plant

Posted on 12min read


The Money Plant, with its lush green leaves and reputation for bringing good fortune, has become a beloved addition to homes around the world. Known scientifically as Pilea peperomioides and Crassula ovata for its jade plant variant, this indoor gem is cherished not just for its beauty but for its supposed ability to attract wealth and positive energy, according to Feng Shui principles. Thriving in bright, indirect light and requiring minimal care, the Money Plant is an ideal choice for both gardening novices and seasoned plant enthusiasts alike. In this comprehensive guide, we delve into everything you need to know about caring for your Money Plant, from the optimal growing conditions to the simple steps for propagation and repotting. Whether you’re looking to greenify your living space or enhance its energy, the Money Plant offers both aesthetic appeal and a breath of fresh air to indoor environments. Join us as we explore how to nurture and maintain this symbol of prosperity, ensuring it remains a vibrant and healthful presence in your home.

What Is a Money Plant?

The Money Plant, known by its botanical names Pilea peperomioides and Crassula ovata (for the Jade Plant variant), carries a mystique that transcends its simple care requirements. This plant, with origins tracing back to the southwestern Yunnan province of China, has garnered global popularity not just for its unique aesthetic appeal but also for the prosperity and good fortune it’s believed to bring according to Feng Shui principles.

Characterised by its luscious green, coin-shaped leaves, the Money Plant (also affectionately known as the Chinese Money Plant, UFO Plant, or Pancake Plant) has a distinctive look that makes it a favorite among both seasoned and novice plant enthusiasts. Its appeal lies not only in its visual beauty but also in its symbolism of wealth and abundance, making it a cherished gift and a sought-after addition to homes and offices.

The Money Plant’s round, glossy leaves are perched atop slender, elegant stems, creating a minimalist yet striking silhouette. This plant thrives under the canopy of bright, indirect light, mirroring the filtered sunlight of its native habitat in the mountainous regions of China. Here, it grows with resilience, adapting to the rocky and less fertile soils, which is a testament to its hardy nature.

Aside from its botanical allure, the Money Plant is steeped in folklore. It is said that a Norwegian missionary, Agnar Espegren, popularised the plant in Scandinavia in the early 20th century after discovering it in China. He distributed cuttings among his friends, which sparked a trend that would see the Money Plant grace countless homes across Europe, admired for its simplicity and the green serenity it brings.

In this section, we delve into the origins, botanical characteristics, and the cultural significance of the Money Plant, shedding light on why it continues to be an enduring choice for indoor gardeners seeking to add a touch of nature-inspired elegance and a whisper of prosperity to their living spaces.

Ideal Growing Conditions

Creating the perfect environment for your Money Plant isn’t just about enhancing its growth; it’s about bringing out the very essence of its lush, vibrant leaves and fostering the good luck and prosperity it’s famed for. Here’s how you can provide the optimal conditions for your Money Plant to thrive:

Light: Bright but Gentle Embrace

The Money Plant prospers under bright, indirect sunlight. This mimicry of its native habitat ensures that the plant enjoys ample light without the risk of leaf burn. A spot near a window that filters in sunlight or a location receiving reflected light is ideal. East or west-facing windows are perfect as they offer the gentle morning or afternoon sun, providing your Money Plant with its much-needed light feast without the harsh midday rays.

Soil: The Foundation of Growth

A well-draining soil mix is crucial for Money Plants. They prefer a loamy, airy substrate that mimics the slightly rugged conditions of their natural environment. A mixture of regular potting soil with a bit of perlite, sand, and compost will ensure that the roots are healthy and breathing, avoiding the dreaded root rot that comes from waterlogged soil. The key is to create a balance that holds moisture yet drains quickly.

Watering: A Delicate Balance

Watering is perhaps where the Money Plant’s care becomes most critical. These plants like their soil to dry out slightly between waterings, reflecting their resilience to varied watering schedules. The best practice is to check the top inch of the soil; if it feels dry, it’s time to water. During the spring and summer months, you might find this to be once a week, but in the cooler months, reduce the frequency to prevent overwatering. Remember, it’s better to err on the side of underwatering with Money Plants.

Temperature and Humidity: Comfort Zone

The Money Plant enjoys a warm, stable environment, thriving in temperatures between 15°C to 24°C (59°F to 75°F). While it can tolerate lower temperatures for short periods, prolonged exposure to cold can hinder its growth. These plants also appreciate moderate humidity but will generally adapt to the average indoor atmosphere. Avoid placing them near drafts, air conditioners, or heaters to maintain consistent conditions conducive to growth.

By meeting these core environmental needs, you encourage not just survival but flourishing growth in your Money Plant. It’s a testament to the fact that with the right care, these plants can be more than just a green addition to your space; they can be thriving symbols of prosperity and natural beauty. Remember, the goal is to replicate the balance of nature – a task that, when done with care and attention, rewards you with a robust, happy Money Plant.

Care and Maintenance

Caring for a Money Plant goes beyond providing the right soil or placing it in the perfect spot for sunlight. It’s about nurturing and maintaining your plant so it not only survives but thrives, bringing its lush greenery and positive energy into your home. Here’s a comprehensive guide to ensure your Money Plant remains healthy and vibrant:

Pruning: Encouraging Healthy Growth

Regular pruning helps maintain the shape of your Money Plant and encourages fuller growth. Trim away any dead or yellowing leaves with clean, sharp scissors to prevent potential disease spread. If your plant is getting too tall or leggy, pruning can also encourage bushier growth by stimulating new leaf production closer to the base.

Fertilizing: Nutritional Support

Feeding your Money Plant during its growing season (spring and summer) is key to ensuring it has all the nutrients it needs to grow strong and healthy. Use a balanced, water-soluble fertilizer diluted to half the recommended strength, once a month. This provides essential nutrients without the risk of chemical burn from over-fertilization.

Repotting: Room to Grow

Money Plants typically need to be repotted every two years to accommodate their growing roots and to refresh the soil, which becomes depleted of nutrients over time. Choose a pot that is slightly larger than the current one, ensuring it has adequate drainage holes. Repotting is also an excellent opportunity to inspect the roots for any signs of rot or disease.

Pest Management: Keeping Trouble at Bay

Despite their hardiness, Money Plants can sometimes attract pests such as spider mites, aphids, and mealybugs. Regularly inspect your plant for signs of infestation. Wiping the leaves with a mild soap solution or using neem oil can effectively manage these pests. Ensuring proper air circulation around your plant can also prevent pest issues.

Seasonal Adjustments: Adapting Care

Your Money Plant’s care needs will change with the seasons. In winter, reduce watering and stop fertilizing as the plant’s growth slows down. Ensure it still receives enough light, which may mean moving it closer to a light source as the days grow shorter. In spring, as the plant begins to enter its growth phase, gradually increase watering and resume fertilizing.

By adhering to these care and maintenance practices, you’re not just cultivating a plant; you’re fostering a living piece of decor that enhances your space. The Money Plant, with its vibrant green leaves and easy-going nature, is more than capable of thriving under your care, becoming a testament to the joy and beauty indoor plants bring into our lives.

The Benefits of Money Plants in Indoor Spaces

Introducing a Money Plant into your indoor environment does more than just beautify the space; it comes with a host of benefits that can enhance both your physical and psychological well-being. Let’s explore the multifaceted advantages of having these green companions in your home or office.

Air Purification: Nature’s Filter

Money Plants are celebrated not only for their aesthetic appeal but also for their ability to improve indoor air quality. Studies have shown that indoor plants like the Money Plant can absorb toxins such as benzene, formaldehyde, and carbon monoxide from the air. By filtering out these harmful substances, Money Plants contribute to a healthier living environment, making them an excellent addition to any indoor space concerned with air purity.

Aesthetic Appeal: Elevating Interiors

With their unique round leaves and elegant stems, Money Plants offer a visual treat that can complement any interior design scheme. Their lush greenery introduces a burst of life into urban dwellings, transforming mundane spaces into vibrant living areas. The presence of these plants can soften architectural lines, fill empty corners with texture, and create focal points that draw the eye, enhancing the overall aesthetic of your indoor environment.

Feng Shui and Good Luck: Harmonizing Spaces

In Feng Shui, the Money Plant is believed to bring good luck, prosperity, and positive energy to a home or office. Placing a Money Plant in specific areas, according to Feng Shui principles, can help harmonize the flow of energy (Chi) in the space, promoting wealth and abundance. While the scientific basis for these claims might be debated, the psychological effect of having a living symbol of prosperity can be uplifting and motivating for many people.

Psychological Benefits: Greenery for Well-being

The presence of indoor plants like the Money Plant has been linked to various psychological benefits, including reduced stress levels, enhanced mood, and increased creativity. The act of caring for a plant can provide a sense of satisfaction and accomplishment, while the greenery itself can have a calming effect, reducing anxiety and promoting a peaceful atmosphere. In office settings, Money Plants can help improve concentration and productivity, making them a beneficial addition to workspaces.

Air Humidity: Natural Humidifiers

Money Plants, through the process of transpiration, release moisture into the air, acting as natural humidifiers. This can be particularly beneficial in dry indoor environments, helping to maintain optimal humidity levels, which is crucial for human health. By preventing the air from becoming too dry, Money Plants can help reduce the incidence of respiratory problems, skin irritations, and dry eyes.

Incorporating Money Plants into your indoor spaces offers a range of benefits that extend far beyond their visual appeal. Whether it’s purifying the air, enhancing your home’s aesthetic, bringing good luck, or simply uplifting your mood, the Money Plant proves to be a valuable and versatile addition to any indoor environment.

Propagation and Repotting

Cultivating a Money Plant not only enriches your space with greenery but also offers the joy of seeing your plant family grow through propagation. Additionally, understanding when and how to repot your Money Plant ensures its health and vitality. Here’s a comprehensive guide to both processes.

Propagation: Sharing the Wealth

Money Plants are among the easiest houseplants to propagate, making it simple to share their beauty and purported good fortune with friends and family. The process can be rewarding and is a testament to the plant’s resilience and ability to thrive.

  • For Pilea Peperomioides: Look for the small pups or offsets that grow from the mother plant’s base. Carefully separate these using a clean, sharp knife or scissors, ensuring each pup has roots attached. Plant these pups in their own pots with well-draining soil, and water lightly. With proper care, these will grow into full-sized plants, ready to continue the cycle of growth and sharing.
  • For Crassula Ovata (Jade Plant): Propagation can be done using leaves or stem cuttings. Gently twist a leaf from the stem, ensuring it’s a clean pull with no part left on the stem. Allow the leaf or stem cutting to callous over for a few days before planting in moist, well-draining soil. Water sparingly until roots develop, after which you can treat them as you would a mature plant.

Repotting: Giving Room to Grow

Repotting is a critical aspect of Money Plant care, allowing your plant to thrive in a fresh substrate and giving its roots space to expand.

  • When to Repot: Money Plants generally need repotting every 2-3 years, or when you notice signs of the plant outgrowing its current pot, such as roots growing through the drainage holes or the plant becoming top-heavy and tipping over.
  • How to Repot: Choose a pot that is one size larger than the current one to avoid overwhelming the plant with too much space. Ensure the new pot has adequate drainage holes. Gently remove the plant from its current pot, shaking off excess soil and inspecting the roots for signs of disease or rot, trimming as necessary. Place a layer of fresh, well-draining potting mix in the new pot, position the plant in the center, and fill in around the sides with more potting mix. Water lightly to settle the plant into its new home.

Repotting and propagation are not just routine maintenance tasks; they’re opportunities to engage more deeply with your Money Plant, understanding its growth habits and requirements. These processes foster a closer connection to your plants, allowing you to contribute actively to their lifecycle and prosperity.

Common Pests and Problems

Even the resilient Money Plant can encounter its share of pests and problems. Being prepared to identify and address these issues will ensure your plant continues to thrive, bringing beauty and purported good fortune into your indoor spaces. Here’s a guide to some common challenges and how to combat them.

Pests: Unwanted Visitors

Money Plants can sometimes become host to pests such as spider mites, aphids, and mealybugs. These pests can sap the vitality of your plant, leading to poor growth and health.

  • Spider Mites: These tiny pests can be hard to see but may leave fine webs on your plant. Increase humidity around your plant and wipe the leaves with a damp cloth to deter them. For severe infestations, use a neem oil solution or an appropriate miticide.
  • Aphids: Often found on new growth, aphids are small and can be green, black, brown, or pink. They suck sap from the plant, weakening it. A strong stream of water can dislodge them, or you can treat the plant with neem oil or insecticidal soap.
  • Mealybugs: These pests appear as white, cottony masses on leaf axils, stems, and sometimes roots. Remove them by dabbing with alcohol on a cotton swab or treat with neem oil.

Problems: Signs of Distress

  • Yellowing Leaves: Overwatering is a common cause. Ensure the plant is in well-draining soil and adjust your watering schedule, allowing the soil to dry out somewhat between waterings.
  • Drooping or Wilting: This can be a sign of either overwatering or underwatering. Check the soil moisture to determine the cause and adjust your watering accordingly.
  • Leaf Drop: If your Money Plant is dropping leaves, it might be reacting to a sudden change in environment, such as a move from a bright to a dimly lit location. Gradual acclimation to new lighting conditions is key.
  • Root Rot: A consequence of overwatering, root rot can be fatal if not addressed. If you suspect root rot, remove the plant from its pot, trim away any black, mushy roots, and repot in fresh, well-draining soil.

Preventative care is often the best strategy against pests and problems. Regularly inspecting your plant, maintaining proper watering, and ensuring good air circulation around the plant can help prevent many issues. However, should problems arise, prompt and appropriate action can often save your plant and restore its health, allowing it to continue being a cherished part of your indoor garden.


Caring for a Money Plant goes beyond the simple acts of watering and positioning it in bright, indirect light. It’s about cultivating an environment where this unique and visually striking plant can not only survive but thrive. Throughout this guide, we’ve explored the various aspects of Money Plant care, from understanding its growth requirements and propagation techniques to addressing common pests and issues.

The Money Plant, with its luscious green leaves and robust growth, offers more than just aesthetic appeal. It’s believed to bring good luck and positive energy into your home, aligning with Feng Shui principles to create a harmonious living space. Its ease of care makes it a perfect choice for both novice and experienced plant enthusiasts, allowing everyone the opportunity to enjoy the benefits of indoor gardening.

Remember, the key to a healthy Money Plant lies in the balance of its care. Regular monitoring and adjustments t

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Interior Style Hunter

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