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Grow a Money Tree

Updated on February 5, 2012

They do exist!

Everyone knows the old saying 'Money Doesn't grow on trees, but how much easier would life be if each had one Money tree which gave us a lifetimes supply of cash. Obviously that last statement is just a metaphorical one and we all know the economy wouldn't function and nobody would want to work!

However, there is an alternative in the form of a lucky charm or novelty 'Money Tree', there are many different species of decorative trees which people prune and keep as indoor or outdoors plants.

These plants include the Jade Tree and Pachira Aquatica which people from around the world call Money trees for short and are supposedly meant to bring you good fortune. Many of these trees are similar in appearance and size to that of the Bonsai tree which we often equate to possessing mystical powers.

Jade Tree

Crassula Ovata is the official name for the Jade Plant but it also has many other nicknames used by everyday people who keep it as a popular house plant, these include the 'Friendship Tree or Lucky Plant'.

The Jade plant originated in South Africa and you might wonder what kind of care is involved when owning one of these plants. Since they are kept indoors they are protected from harsh conditions and require normal watering during the summer but during the winter need very little water.

If plan on keeping the plant for a long time you should keep some care tips in mind such as not overexposing the plant to direct sunlight although it will grow in full sun to medium shade. If you notice that the tree is beginning to look a little top heavy, you should prune it to ensure the trunk can support the leaves.

Pachira aquatica

The Pachira Aquatica of course originates from wetland areas in South America, I say 'of course' because the name 'Aquatica' implies wet. It also has many names depending on what country you go to, these include Malabar chestnut, Saba nut and Provision Tree. The plant became a popular as an ornamental tree when it was commercially branded Money Tree or Money Plant.

Photo courtesy of mauroguanandi

The reason for Pachira Aquatica obtaining the 'Money Tree' label is due to an old fable where a man in financial difficulties prayed for money and stumbled upon this 'peculiar' looking plant which he took home since he believed it to be a 'sign' He later cultivated the plant and made money from selling them.

One distinguishing feature about this money plant is the way the trunk grows braided or intertwined as you can see in the picture to the right.

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    • freecampingaussie profile image

      freecampingaussie 5 years ago from Southern Spain

      We used to joke about having a money tree ! Enjoyed your hub .

    • Pcunix profile image

      Tony Lawrence 5 years ago from SE MA

      I'm sure that title brings in a few hits :)

      Nice job - reshared.

    • profile image

      markbennis 5 years ago

      Great Hub Richie and an interesting one too, voted it up interesting and gave it a tweet too.

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