What is a Money Tree Plant?
Most people have heard the saying, “Money doesn’t grow on trees.” This might be true. But there is a tree that is at least known by this interesting name. A money tree plant is a variety of bonsai tree that has its origin in the island country of Taiwan.
The design soon became popular around the world, especially in some sections of Asia in the 1980s. People still connect the money tree plant to the country of China, though it is common to see it in other places where people believe it brings good luck.
Money by Design
One of the most interesting facts about the money tree is that the family of trees it comes from is native to swampy areas of South America. But the concept behind the bonsai tree and eventually the money tree didn’t take off until given a creative boost in Asian nations. This is true of a number of plants, including some fruits that weren’t widely used as food until they traveled halfway around the globe.
In recent years the tree became popular along with the idea of feng shui, primarily because it has palm-like leaves with five distinct lobes. It is associated with good luck, peaceful surroundings and so on, making it easy to associate with feng shui. Some people are particular about finding money trees with seven leaves in a cluster. This is thought to be particularly fortunate.
The most common story about the money tree involves on person in Taiwan who made his bonsai tree designs by braiding or wrapping stems together. This style of tree is now sold as a separate kind of tree, with five stems or more making one central trunk.
While bonsai designs are often thought to be very small, a money tree may grow to be six feet tall if properly care for. Some trees of this type even do well with little direct sunlight. Care instructions that come with a money tree emphasize that the soil should not be allowed to get too moist. Money trees may suffer from too little water, of course. But they can also suffer from too much water. They may even thrive in some sections of the northern climates, though this area is limited.
Some people call another type of plant (jade plant) by the name money tree. This plant also has roots in South America. There are some differences in appearance and in care instructions with the jade plant, however.
It’s important to provide soil that will drain well if the money tree is to thrive. You should also give this plant a large enough container so that it can spread and remain healthy. Some liquid fertilizer can be used occasionally. With proper pruning the money tree can be trained to continue the braided-trunk design. Careful braiding and tying will produce a remarkable result. Some people have success starting a second money tree from roots of the first, adding to the feng shui of the home.