lucky money tree

What Is a Lucky Money Tree?

The lucky money tree, or Crassula ovata, is often simply called "jade plant", but its association with good luck and financial success has made the "lucky money tree" name stick. Native to South Africa, this slow-growing succulent is loved worldwide for its tree-like form, sturdy nature, and ability to thrive with minimal fuss. Crassula ovata’s fleshy leaves sometimes develop a red tinge at the edges when placed in bright light, and mature plants may bloom with small, delicate white or pink flowers in late winter.

Looking to diversify your jade plant collection? Consider the compact Crassula ovata minima for smaller spaces or explore closely related species like Crassula arborescens with its blue-grey leaves.

How to Care for Your Lucky Money Tree

The lucky money tree is renowned for being low-maintenance and drought-tolerant, making it a fantastic option for busy plant lovers. Plant your Crassula ovata in well-drained soil and place it in a spot with plenty of bright, indirect sunlight. Water only when the soil is dry to the touch, as overwatering is the most common cause of plant stress. During the colder months, reduce watering even further and protect it from frost.

For best results, fertilise during spring and summer and prune to maintain your desired shape and size. If you enjoy experimenting with different succulents, you might also appreciate the compact beauty of Crassula pellucida variegata or the trailing charm of Crassula sarmentosa Comet.

Popular Uses and Meaning of the Lucky Money Tree

Traditionally, the lucky money tree is given as a housewarming, wedding, or business opening gift in New Zealand and beyond. According to Feng Shui beliefs, placing your lucky money tree near the entrance or in the southeast corner of your home is thought to attract abundance and positive energy. Its compact nature makes it a versatile feature for both modern interiors and classic gardens.

For those who enjoy collecting succulents, the lucky money tree pairs beautifully with Crassula argentea (Jade Plant), Agave parallelifolia (Agave Plant), or striking succulents such as Mangave Mission To Mars and Echeveria Dark Prince.

Add a Lucky Money Tree to Your Collection

Whether you’re searching for a meaningful gift, an easy-care succulent, or a striking centrepiece for your space, the lucky money tree delivers both style and symbolism. Explore our full range of easy-going succulents, from the classic jade to vibrant delights like Mesembryanthemum Orange and Schlumbergera truncata, and infuse your home or garden with lasting luck and beauty.