About Money Tree Plants

About Money Tree Plants thumbnail
Money tree plants often grace oriental gardens

The money tree plant's botanical name is Pachira Aquatica. It is also called Guiana chestnut, Malabar chestnut, Seba nut and water chestnut. According to easybloom.com, it is categorized as an interior plant, outdoor plant, perennial, tree and tropical plant. Its link to feng shui has resulted in the moniker "money tree plant." Does this Spark an idea?

  1. History of Money Tree Name

    • There are various stories of how Pachira Aquatica became known as money tree plant. A common tale is that the five glossy leaves on each branch symbolize the five fundamental feng shui elements: metal, wood, fire, water and earth. With all five, feng shui balance and prosperity are achieved. Another story says a poor Taiwanese farmer who found the plant and nurtured it sold its nuts and seeds and became prosperous.

    Money Tree Symbolism

    • Classified as a lucky plant in feng shui, the money tree plant is said to bring good luck, happiness and prosperity to households, businesses and individuals. No wonder it is a popular gift for almost any occasion from a business opening to a housewarming, from a wedding to a get-well offering. According to feng shui, it must be properly placed to bring luck and fortune.

    Feng Shui Placement

    • The best location for a money tree plant is the back left-hand corner. That represents a financial power structure according to MoneyTreePlant.com. Another good location is close to where money is kept; for example, a shop could put the money tree plant next to the cash register.

    Growth and Propagation

    • While most often recognized as a small plant within the bonsai family, it can reach heights of 10 to 12 feet and widths of 12 to 15 feet. The money tree plant's leaves, red or white blooms, nuts and stems are all edible. The meat from its nuts can be dried and ground into flour for baking. It is propagated from seeds or root cuttings.

    Care and Growing Requirements

    • A mix of potting soil and peat moss provides a good medium for growing money tree plant in a pot indoors. A bit of sand can be added. Bright, indirect sunlight is ideal. Water the plant once a week. Leaves turning yellow often indicate the money tree plant is being over-watered. Trim off spent leaves with clean scissors. Feed the tree once a month with an all-purpose fertilizer diluted to 50 percent of the manufacturer's recommendations.

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  • Photo Credit umbrella bonsai tree image by Rosemary Robenn from Fotolia.com

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