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money saving tree

If you’re searching for an easy-care plant that adds flair to your home while bringing good fortune, look no further than Crassula ovata—popularly known as the money saving tree. Revered in New Zealand and throughout the world for its association with prosperity, this hardy succulent thrives as both a striking ornamental and a traditional symbol of abundance. Whether you’re a seasoned gardener or just starting your indoor plant collection, the money saving tree offers practical benefits, visual appeal, and a touch of positive energy for your home or office.

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 Is Crassula Ovata?

Crassula ovata, often called the Jade Plant or money saving tree, is a lush, perennial succulent native to South Africa. Its oval-shaped, glossy leaves and tree-like form make it a favourite among both novice gardeners and plant enthusiasts. The thick, fleshy foliage stores water, making Crassula ovata remarkably resilient—perfect for busy lifestyles or low-maintenance gardens. In addition, when mature, it produces delicate clusters of white or pink star-shaped flowers that add seasonal charm.

Why Is Crassula Ovata Known as the Money Saving Tree?

The nickname “money saving tree” comes from its association with wealth, luck, and good financial fortune. In Feng Shui, Crassula ovata is believed to attract prosperity by stimulating energy flow at the entrance of a home or workplace. The plant’s round leaves resemble coins, reinforcing the idea of monetary abundance. By caring for this beautiful succulent, you not only create a welcoming atmosphere but also encourage a thriving, positive space.

How the Money Saving Tree Can Help You Save

One of the biggest money-saving advantages of Crassula ovata is its durability. It requires minimal watering and maintenance, making it ideal for anyone looking to reduce gardening expenses without sacrificing beauty. Because it propagates easily from leaf or stem cuttings, you can multiply your money saving tree collection or share with friends—no need to purchase additional plants. Its longevity ensures you enjoy years of greenery with very little investment.

Growing Tips and Plant Care

To get the most out of your money saving tree, place it in a spot with bright, indirect sunlight. Allow the soil to dry out between waterings, and use a well-draining potting mix for best results. Crassula ovata tolerates neglect, but thrives with occasional feeding and pruning. Like other tough succulents, its resilience means fewer costly replacements—truly a money-wise choice for any garden or indoor setting.

Explore More Succulents

For gardeners interested in expanding their collection, consider related succulents such as Crassula arborescens, Crassula sarmentosa Comet, Crassula pellucida variegata, Crassula ovata minima, and Crassula argentea (Jade Plant). Pairing Crassula ovata with other robust succulents like Sempervivum arachnoideum, Echeveria laulensis, Aloe arborescens, Echeveria Dicks Pink (Pink Succulents), and Aloe hereroensis ensures a dynamic, low-maintenance garden that won’t break the bank.

When you choose the money saving tree for your home or garden, you’re investing in beauty, hardiness, and a timeless tradition of prosperity—all while enjoying the benefits of easy care and multi-generational value.


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.

–The Plant Company

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