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good luck money tree

The good luck money tree, scientifically known as Crassula ovata, is a favourite among New Zealand gardeners and plant lovers. With glossy, jade-green leaves and a reputation for bringing prosperity, this resilient succulent has earned its place as a must-have houseplant. Whether you’re looking to attract positive energy or simply want a low-maintenance plant with year-round appeal, the good luck money tree fits the bill perfectly. Its sculptural form, ease of care, and air-purifying properties make it equally suited to indoor spaces, offices, and container gardens.

Crassula ovata (Money Tree)

Money Tree, Money Plant

Crassula ovata is a versatile plant ideal for New Zealand gardens, offering unique features and easy care.

crassula-ovata-
  • Suited to regions:
    Subtropical, Temperate
  • Plant type:
    Succulents
  • Height:
    1.00 m
  • Spread:
    1.00 m
  • Flowering time:
    Summer, Winter
  • Tolerances:
    Extended dry periods
  • Garden uses:
    Borders, Containers, Living areas, Paths & Steps, Patios, Pool areas
  • Garden styles:
    Architectural, Backyard, City & Courtyard, Frontyard, Mediterranean, Modern
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Crassula ovata (Money Tree)

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What Makes the Good Luck Money Tree Special?

Crassula ovata is commonly referred to as the good luck money tree because, according to Feng Shui, its round, coin-shaped leaves symbolise wealth and fortune. Placing your money tree near your entrance or in your workspace is said to encourage prosperity and harmonious energy. Beyond superstition, the plant’s slow growth and forgiving nature help both beginners and experienced gardeners succeed. Once established, it rewards you with thick, glossy foliage and the occasional cluster of delicate white or pink flowers.

How to Care for Crassula ovata

The good luck money tree thrives in bright, indirect light, but can tolerate some direct sunshine, especially during New Zealand summers. Water sparingly, allowing the soil to dry out between waterings. Overwatering is the main threat; Crassula ovata’s fleshy leaves store water, making it drought-tolerant. It’s perfect for busy lifestyles and can tolerate occasional neglect. Use well-draining soil and a pot with drainage holes to avoid root rot. Fertilise lightly in spring and summer for optimal growth.

Propagation and Related Succulents

One of the delights of the good luck money tree is its ease of propagation. Simply take a leaf or stem cutting, let it dry briefly, then plant it in fresh soil. For those who love collecting succulents, the Crassula family offers amazing diversity. Discover other interesting varieties like Crassula arborescens, known for its silver-toned foliage, or Crassula sarmentosa Comet, with vibrant trailing stems. If you prefer compact forms, Crassula ovata minima is a charming dwarf option.

Ideal Placement and Styling

The good luck money tree adapts beautifully to modern apartment living and classic garden settings alike. Use it as a statement piece in your lounge, group it with other succulents like Crassula pellucida variegata, Crassula lycopodioides, or exotic plants such as Haworthia cooperi var Leightonii and Aloe speciosa. The architectural silhouette pairs well with upright forms like Crassula capitella (Pagoda Succulent) or Aeonium Schwarzkopf'.

Start Your Good Luck Money Tree Collection

Whether you’re decorating your home or searching for a meaningful gift, the good luck money tree is a timeless choice. Explore companion succulents like Crassula coccinea to create a lush, easy-care display. With so many options in the Crassula genus and allied succulents, you can easily build a collection full of beauty and good fortune.


Contact us

Whether you need assistance finding the plant you’re looking for or you simply want to know more about who we are and what we do, we invite you to get in touch with us today. A member of The Plant Company team will get back in touch as soon as possible.

While Ficus Black Knight and Rose 'Flower Carpet White' often steal the spotlight, charming plants like Abelia 'Snow Showers', Coleonema 'Sunset Gold' (Breath Of Heaven), and Quercus robur quietly shine in any garden.
–The Plant Company

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