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Chinese Money Plant: Care and characteristics to attract good fortune

A powerful symbol of luck and prosperity


Senior Writer
JANUARY 14, 2025 5:21 PM EST

The money plant is more than just a decorative addition to your home; it's also a powerful symbol of luck and prosperity. With minimal care, thoughtful placement, and a touch of patience, you can enjoy this beautiful plant for years to come.  

Beloved in both gardening and interior design circles, the money plant captivates with its vibrant charm and meaningful symbolism. Its fresh, glossy leaves and low-maintenance nature make it a favorite in homes worldwide. Here's everything you need to know to care for and nurture this exceptional plant.  

Succulent plant© Getty Images
Succulent plant

What Is the Money Plant and What Does It Represent?  

The Pilea peperomioides, commonly known as the money plant, hails from the mountainous regions of Yunnan in southwestern China. A member of the Urticaceae family, it's also called the "missionary plant," as it was introduced to Europe in the 1940s by a Norwegian missionary.  

The plant's defining feature is its round, coin-like leaves, which have earned it a reputation as a symbol of wealth, abundance, and positive energy in many cultures. Beyond its aesthetic appeal, the money plant is believed to attract fortune and good vibes, making it a meaningful addition to any home.  

How to Care for the Money Plant  

Despite its exotic origins, the Pilea peperomioides is remarkably easy to care for. Follow these simple guidelines to keep it thriving and looking stunning:  

Light

  • Bright, indirect light is ideal for the money plant. Place it near a window that can soak up plenty of natural light but avoid direct sunlight, which can scorch its delicate leaves.  

Watering  

  • Water your money plant only when the topsoil feels dry to the touch, roughly once a week in summer and every 10 days in winter. Overwatering is its biggest enemy and can lead to root rot.  

Humidity 

  • Though not overly fussy, the money plant appreciates occasional misting, especially in dry climates or during hotter months. This helps maintain its lush, healthy appearance.  

Fertilizer 

  • Feed the plant with a balanced liquid fertilizer for indoor plants every two to three weeks during its active growing seasons, spring and summer. This will provide the nutrients needed for robust growth.  

Pruning 

  • Remove yellow or damaged leaves to encourage new growth and maintain a tidy appearance. You can also trim small shoots around the base to keep its shape compact and elegant.  
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Pilea or Money plant in window

Choosing the Perfect Spot for Your Money Plant  

  1. Placement is crucial for the health and longevity of your money plant. Choose a well-lit location with indirect sunlight, such as an east- or west-facing window.  
  2. Avoid placing it near heat sources like radiators or stoves, as dry air can harm its leaves. 
  3. Similarly, steer clear of drafty areas, which can stress the plant.  
  4. Thanks to its versatile beauty, the money plant complements various decor styles. 
  5. Use it to adorn shelves, side tables, or as a striking centerpiece for your dining table. Its minimalist elegance fits seamlessly into any interior theme.  

 How Long Does the Money Plant Live?  

Proper care allows the money plant to thrive for years, becoming a cherished part of your home. While it grows quickly in its early years, its pace may slow over time. However, a well-maintained mature plant boasts its own unique charm and can even produce "babies" for propagation.  

© Lively Root
Chinese Money Plant

If you notice yellowing or drooping leaves, revisit your plant's care routine. Light, water, and soil conditions may need adjustment.  

Propagating the Money Plant  

One of the joys of owning a money plant is how easily it propagates. Follow these steps to grow new plants from the small shoots, or "pups," that appear around its base:  

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Step 1: Identify the Shoots  

Wait until the pups have at least 4–5 leaves and are around 2 inches tall. This ensures they're strong enough to survive independently.  

Step 2: Remove with Care  

Using clean, sharp scissors or a knife, cut the shoot close to the mother plant's base. Be gentle to avoid damaging the roots.  

Step 3: Replant the Shoot  

Place the shoot in a small pot filled with well-draining soil. Water lightly and keep it in a spot with indirect light.  

Step 4: Nurture the New Plant  

Keep the soil moist (but not waterlogged) during the first few weeks to encourage healthy root growth. Once established, care for it just as you would the parent plant.  

Alternative: Water Propagation  

You can also place the shoot in a glass of water until roots develop. Refresh the water every few days, and once the roots are about an inch long, transfer the plant to the soil.  

With its effortless care routine and symbolic value, the money plant is a rewarding addition to any home. Follow these tips to ensure your plant thrives and continues to bring beauty—and perhaps a little extra luck—to your space!

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