The Money tree plant is a favorite in America and many Asian nations, the money plant as it’s called is known for bringing luck to its caretakers. I can’t say if that is true or not, but many in the Feng Shui community use the plant for good energy in their homes, offices, and patios. The Money Tree is a Bonsai form of the larger tree that grows in the wild. Being a Bonsai the Money tree you have in your home is much smaller than the 60-foot tree that grows in the wild.
Money Tree Feng Shui placements
Money trees are beloved by people who practice the Feng Shui lifestyle. The placement of the plant in people’s homes in areas of prosperity, wealth and health is a very subjective process. My suggestion is to place the plant in a window that receives sun and places where people can receive the plant’s energy.
I have to admit, in twenty-three years of taking care of tropical plants in offices and homes, I have never seen a Money Tree in a professional office setting. I actually find this surprising for the number of banks I have serviced over the years. My wife and I have one of the largest money trees I have ever seen in our home. You can see it above.
History and Origin of the Money tree
Pachira Aquatica is a tropical wetland tree of the mallow family Malvaceae, native to Central and South America where it grows in swamps. It is known by the common names Malabar chestnut, French peanut, Guiana chestnut, Provision tree, Saba nut, Monguba (Brazil), Pumpo (Guatemala) and is commercially sold under the names Money tree and Money plant.
This tree is sometimes sold with a braided trunk and is commonly grown as a houseplant, although more commonly what is sold as a “Pachira aquatica” houseplant is in fact a similar species, P. glabra- Source Wikipedia.
Caring for the Money Tree
The Money tree that people have in their homes is a relatively easy plant to care for. The plant does well in eastern and western facing windows. The plant being of tropical origin should not be in all day full sun. Money trees like to be pruned, this will lead to the plant to a full and bushy canopy.
Watering should be done once a week, around the edge of your grow container. Money trees need to be watered four times a year. Once for each quarter year.
Repotting a Money Tree
The Money trees roots look like the hairs of a coconut, and after a couple of years, your Money tree will become root-bound and will need to be up- potted to a new grow container. When you repot your plant there will be excess roots in your grow container, you can remove about half of the root system without hurting the plant.
You will notice that the Money plant was planted as a stump with fine root hairs. This is why you see so many of these plants at nurseries and grocery stores around the country. the plant is grown quickly and then chopped at the stump and plopped into the soil to grow.
Money Trees in the Wild
Money trees in the wild are known to grow 60 feet tall. The plant leaves of a wild Money tree are some of the largest leaves in the plant world. Leaves also are commonly mistaken as marijuana leaves by their looks. In the wild, the Money tree grows large nuts that hang from the plant.
Though the money tree grows large nuts, these nuts are not edible. The braiding of Money trees started in 1986 when a Twainese man braided three of the plants together to form one ornamental Money tree plant and the rest is history.
Is the Money Tree Nut Edible?
The nuts and the leaves of the money tree have been tested on animals and people and the findings were not good. 5 of the 6 animals the money tree leaves and nuts were tested on died. So it is a good idea not to have yourself or your animals at home ingest any of the Money tree.
Most people don’t know and have never seen a Money tree flower, but they do. The flower of a Money tree looks like a banana that sprouts long brown hairs. These are rather large flowers some of the largest from any tree in the world.