Why is money plant called that

Money tree: expert tips on buying, maintaining & propagating

Although there are no bills on it, the jade tree still stands for luck. We show what you need to know to buy, maintain and multiply the money tree.

The money tree (Crassula ovata) is a popular houseplant with us. It is considered to be easy to care for and robust, and it should also bring us a fortune. Who doesn't want such a lucky plant in their home or office? In the following, we will tell you everything you should know about the money tree: From the origin and importance to buying, repotting and propagating to care and important diseases and pests.


The money tree belongs to the thick-leaf family (Crassulaceae), which includes over 300 species worldwide. The Crassula ovata is known by many names: We call it the money tree or the penny tree, in English it is also called the jade plant in addition to the dollar plant. This is probably due to the color of the leaves, whose deep green is reminiscent of that of jade stones. The name "Pfennigbaum" probably comes from the shape of the leaves, which is reminiscent of coins. The money tree is a symbol of luck and prosperity and used to be given as a gift for moving in. With him, wealth and joy should also move into the house.

Money tree: origin and meaning

The jade tree originally comes from South Africa, where it usually grows with people Euphorbia- and aloeSpecies on rocks. Nowadays the penny tree is a popular houseplant and is valued as such all over the world. Crassula ovata grows as an evergreen, upright, heavily branched shrub. The plant can grow up to two meters high; as a houseplant, however, it usually stays smaller. The leaves are gray-green and arranged opposite one another. They are thick, fleshy oval and domed on top.

Money tree blossoms: when does the money tree bloom?

You rarely see blossoms on money trees. These are small, star-shaped and can bloom white or pale pink. In its homeland in South Africa, the money tree blooms when it is winter there, namely from June to August. Since winter is at a different time in the northern hemisphere, the money tree blooms here from the end of February. However, it is not that easy to get the houseplant to flower. Therefore, some factors should be met to increase the chances of a blooming jade tree.

First of all, the age and size of the tree are important. Young money trees will not bloom yet, a bloom can only be expected from a size of about 40 centimeters. In addition, optimal conditions are necessary in the winter months. That means: as cool as possible, below 11 ° C, and as dry as possible. It is also optimal to have the houseplant outside in the summer and only bring it back to its winter quarters in autumn. The money tree also needs to be as bright as possible in winter. If it is too dark, it will not develop any flowers. If all these criteria are met, you can hope for a flowering money tree.

Summary requirements for a flowering money tree:

  • At least 40 cm high
  • Outdoor location in summer
  • Cool and dry in winter
  • As bright a location as possible

Buy money tree

The first step towards your own symbol of luck and thus hopefully guaranteeing prosperity is the purchase. So that you do not experience any nasty surprises later, you should do your research before buying so that you know what is important to you. This way you can benefit from your purchase for as long as possible and will not be disappointed.

You should pay attention to the following when buying the money tree:

  • No damage
  • No diseases and pests
  • Green healthy leaves
  • Nice, even growth
  • No putrid smell

You can buy money trees in many hardware stores, garden centers, in well-stocked furniture stores or on the Internet.

Would you like to learn more about buying money trees? Then just read on here.

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Repot the money tree

As soon as the money tree has completely rooted the substrate in the pot, it is time to repot. You should repot your money tree at least every three to four years. The best time to change the planter is in the spring from mid-March, because this is when the main growing season of the sapling begins. To do this, choose a new planter that is only a few centimeters larger than the old one. Since the above-ground part of the money tree can become very heavy due to the thick leaves, you should choose a planter that is as stable and secure as possible. Clay pots are ideal here because they are heavier than plastic pots. In addition, the pot should definitely have a drainage hole and a saucer.

Now first lay a drainage layer made of potsherds or expanded clay so that the water can drain off the pot well and there is no waterlogging. You should also pay special attention to the potting soil. For the money tree, the substrate should above all be particularly permeable and not too rich in nutrients. It is best to mix two parts of potting soil - for example our Plantura organic potting soil - with one part of mineral material such as perlite or sand. Alternatively, you can also use cactus or succulent soil.

Summary of the ideal substrate for the money tree:

  • Permeable
  • Low in nutrients
  • Two thirds of potting soil
  • A third of pearlite or sand
  • Alternatively, use cactus or succulent soil

To repot, carefully take the money tree out of its pot, shake the old substrate from the root ball and carefully loosen the roots. You now have the opportunity to examine the roots and, if necessary, cut off rotten or dead root material. Then the root ball is placed in the middle of the new pot. Finally, fill the pot with substrate and water the plant well, but remove excess water from the planter.

Tip: Under ideal conditions, the money tree can become quite large, namely up to two meters high. If your money tree is such a large specimen, it is best to get help from a second person to repot it.

Summary repotting money tree:

  • Select a suitable, stable planter
  • Mix the substrate
  • Create a drainage layer
  • Carefully lift the money tree out of the old pot
  • Loosen and examine roots, prune if necessary
  • Place in the center of the new pot
  • Fill up with substrate
  • Pouring on
  • Remove excess water from the planter

If you want to propagate your money tree, repotting is an ideal opportunity to do so. You can find detailed instructions on the various methods of propagation of the money tree in our special article on the subject.

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Maintain money tree

As a succulent plant, the money tree can withstand a lot, but it will not forgive you for some serious care mistakes. Therefore it is good to know about the correct care of the jade tree. Above all, you should pay adequate attention to watering, fertilizing and pruning your houseplant.

We have compiled everything you need to know about the maintenance of the money tree in this article for you.

Water the money tree

When it comes to the pfennig tree, it's better to water too little than too much. The thick leaves of the plant are ideal for storing water over a longer period of time and thus helping the tree through long periods of drought. The money tree, on the other hand, does not like waterlogging at all. Therefore, before pouring, you should always check with your finger that the top layer of substrate is dry. Remove excess water from the planter every five minutes. In winter you only water minimally.

Watering money tree summary:

  • Water moderately during the main growing season
  • Let the top substrate layer dry
  • Only slightly moist, do not wet the substrate
  • Water only sporadically from November to February

Fertilize money tree

The money tree does not get too much fertilizer either. You should therefore only fertilize your plant moderately and, above all, only in summer; in winter the tree doesn't need any fertilizer. It is enough if you provide your tree with a fertilizer with organic long-term effects once in spring. That is enough to supply the plant with nutrients for the whole year. Our Pantura organic universal fertilizer with organic long-term effects is ideal for this. Alternatively, you can provide your money tree with a special succulent fertilizer every four to six weeks.

Plantura organic universal fertilizer

Summary of fertilizing money tree:

  • Fertilize only moderately
  • Use special succulent fertilizer no more than every four weeks
  • Alternatively, apply fertilizer with organic long-term effects once in spring
  • Stop fertilizing completely between November and February

The right cut is also an important maintenance measure for the money tree. For tips on pruning money trees, see this article.

Money tree is losing leaves

The most striking thing about the money tree are its fleshy, penny-shaped leaves. If these are lost, this is of course a cause for concern. Reasons for the loss of leaves are mostly care errors such as a location that is too dark, a substrate that is too moist, temperatures that are too high in winter or a pest infestation. If you react quickly enough and get to the bottom of the cause of the dwindling leaves, you can usually prevent worse and save your tree.

Summary of measures against leaf loss in the money tree:

  • Choose the optimal location to prevent leaf loss
  • Repot if the substrate is too wet
  • If the location is too dark, move it to a new, lighter place
  • Ensure temperatures below 11 ° C in winter
  • Fight pests with natural means or beneficial insects

Is your money tree losing leaves and you would like to do something about it? In our special article we will help you with useful tips.

Common diseases and pests in the money tree

Even if the money tree is considered robust and resilient, it can still fall victim to pests or diseases. The best way to prevent this is to ensure that the plant is as healthy and vital as possible. If the tree is in an optimal location and otherwise feels right at home, the risk of being attacked by diseases or pests is significantly lower than with a weak tree.

Fight common pests on the money tree

Typical predators of the money tree are spider mites (Tetranychidae) and mealybugs (Planococcus). Once you can spot pests on your money tree, isolate it from other houseplants. Now the uninvited guests can be combated with natural measures such as neem oil or other biological sprays.

Another possibility are beneficial insects. These are natural predators of the pests and thus welcome antagonists in control. Predatory mites (Phytoseiulus persimilis) can be used, with mealybugs the Australian ladybird (Cryptolaemus montrouzieri) Create a remedy.

Fight common diseases on the money tree

Even if the money tree is very rarely attacked by diseases, the most important ones should be mentioned here, namely root rot and powdery mildew.

Root rot is triggered by wet substrate and waterlogging. If the shoots are already completely softened and they smell strongly of rot, it is usually too late and the plant can no longer be saved. If you recognize the rot early, you should immediately repot the plant in new substrate and cut off rotten and dead parts from the root ball.

Powdery mildew is shown by a white or gray coating on the leaves. If you discover this, you should immediately cut off the affected parts of the plant and dispose of them. Biological remedies or home remedies such as milk or baking powder are suitable for combating powdery mildew.

Is the money tree poisonous?

Fortunately, the money tree is not poisonous. The tree does not contain any toxic substances and is therefore safe for adults, small children and also for animals.

You can read more about the toxicity of the money tree here.

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At the moment I am studying organic agriculture and together with friends I am trying out new cultivation methods and other horticultural experiments in a community garden. Above all, a resource-saving and considerate approach to nature is important to me. In addition to organic farming, traveling is my great passion. I have already harvested coffee in Guatemala or planted mango trees in India.
Favorite fruits: strawberry, mango, guava
Favorite vegetables: artichoke, tomato, rocket