The money plant is the common name for a species of jade plant called Crassula ovata. This type of jade plant is named money plant because according to the Chinese Feng Shui it brings good luck, wealth, prosperity, and good fortune. This miniature tree like jade plant is a popular houseplant because it is very easy to care for.

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Crassula ovata, commonly known as jade plant is a type of woody succulent plant that belongs to the family Crassulaceae. The name “jade plant” comes from the jade-green color of the leaves. When exposed to bright sun, these jade-colored leaves can develop red blushing around their edges. Jade plants are also called dollar-plants.

Jade plants are also known for their longevity and may even live for up to 100 years or longer. As the jade plant ages, it develops a thick woody stem and branches giving it a tree-like appearance. The coin or ovate-shaped fleshy leaves create lush succulent foliage on this tree-like money plant.

The beauty of this “lucky plant” is that it thrives in most indoor environments. Jade plants can survive little watering and can grow well under artificial light.

Being a Feng Shui money plant means it is a popular gift at weddings, housewarming parties, or for new business owners. The vibrant growth of jade plants is said to create positive energy and evoke feelings of balance, harmony, and well-being.

How to Take Care of a Money Plant

With proper care and attention, your money plant will thrive for many years. This ensures that your “good luck plant” creates a positive environment wherever it is placed.

Rather than leaving caring for your money plant to luck, read on to find out how to take proper care of your jade plant.

How to water a jade tree plant

Jade plants are a species of succulent and they require the correct watering to promote healthy growth. Even though they can withstand infrequent watering, jade tree plants shouldn’t be left to go completely dry for long periods.
To keep your jade plant healthy, it is also important not to over-water it. Too much water can result in root rot and you may see leaves start to fall off. The first sign of over-watering is when the leaves start to go soft and mushy. So, if you notice this, hold back from watering until the soil dries off.
The best way to know how often to water your jade plant is by the soil. You should allow the soil to become almost dry out before watering it. This means that the frequency to water your money plant depends on the season – in hot weather you may have to water it weekly and in winter, only very occasionally.

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Light requirements of jade tree

A lot of light turns the edges of the jade tree leaves slightly reddish
Your money plant needs plenty of light to thrive and grow well. Although jade plants can grow under artificial light, direct sunlight and partial shade will result in a bushier shrub. For best results, aim to have your money plant in direct sunlight for an average of 5 hours a day.

You may also notice that getting plenty of sunshine turns the edges of the jade-colored leaves slightly reddish. If you notice that the leaves turn a yellow or deep purple color, it could be a sign that the sunlight is too harsh. So, move the plant into the shade and gradually increase the time it gets in the sun to acclimatize it.

One sign that your jade plant is suffering because of too little light is when it becomes leggy. If this happens, try cutting the jade plant back and find a brighter place for it to sit and energize the room.

Feeding your jade plant

To care well for your Chinese lucky plant, you need to use some all-purpose fertilizer occasionally. All you need is a general feed for houseplants and use it every 3 – 4 months during the growing season.

Cutting and pruning a jade plant

Prune your jade tree plant to give it the shape you want
Jade money plants usually grow to between 3.2 and 5 ft. (1 – 1.5m) tall. However, some reports indicate that Crassula ovata plants can grow as tall as 16 ft. (5 m) tall. So, cutting and pruning is a must if you want to care for it indoors to have a healthy money shrub. You should also remove any dead leaves from the plant.

The best time to prune your money tree is in spring when it starts to grow again. Cut off overgrown stems or remove stems to form the shape you are looking for. This way, your jade plant can grow to resemble a small succulent bush or indoor tree.

Where should you place a jade plant in your house?

Jade plants can grow in any room of your house that is draft free, gets plenty of light, and is kept at an even room temperature.

Feng Shui says that lucky money plants should be placed in the southeast part of your home. This is said to be the best way to invite luck, good fortune, and wealth.

To attract more prosperity to your business, Feng Shui recommends putting a jade money plant on a desk or at an entrance door to bring the most fortune and prosperity.

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