What Is a Money Plant? Meaning, Varieties, and Care

The term “Money Plant” is a popular common name applied to a variety of beloved houseplants prized for their attractive foliage and relative ease of care. This moniker is a general label for several species grown indoors worldwide, not a single plant. Their popularity stems from their ability to thrive in typical home environments, making them favorites for both new and experienced plant enthusiasts. Understanding the specific species is the first step toward successful cultivation, as care requirements vary.

Botanical Identity and Common Varieties

The plant most frequently identified as the Money Plant is Epipremnum aureum, commonly known as Pothos or Devil’s Ivy. This species is characterized by glossy, heart-shaped leaves that grow on long, trailing vines, making it excellent for hanging baskets. Many Pothos varieties feature variegation, with leaves marbled or streaked in shades of creamy white or yellow, such as the ‘Golden Pothos’.

Another distinct species is Pilea peperomioides, known as the Chinese Money Plant, which has a compact, upright growth habit. Its perfectly round, dark green leaves resemble small coins, giving it its common name. Finally, the succulent Crassula ovata, or Jade Plant, is also called a money plant due to its thick, oval, coin-like leaves, which symbolize wealth accumulation.

Cultural Significance and Folklore

The association of these plants with money and prosperity is rooted in cultural beliefs and folklore, especially within Feng Shui. This ancient Chinese system utilizes plants to attract positive energy, or chi, often placing them in the wealth corner of a home or business. The circular, coin-like shape of the leaves on the Pilea peperomioides and Crassula ovata clearly symbolizes financial fortune and the accumulation of assets.

The rapid growth and resilience of the vining Epipremnum aureum also suggest an ever-increasing flow of wealth. In Feng Shui, the plant is often placed in the southeast direction, which is associated with the wealth and abundance sector.

Optimal Growing Conditions

Epipremnum aureum is known for its tolerance but flourishes best with bright, indirect light. Direct sunlight should be avoided as it can scorch the foliage, while insufficient light causes the plant to lose variegation and become leggy. A location near an east or west-facing window is often ideal for robust growth.

Proper watering is essential for Pothos health, as the plant is susceptible to root rot if the soil remains saturated. Allow the top inch or two of the potting mix to dry out completely between waterings. When watering, ensure the soil is thoroughly saturated and excess water drains freely from the drainage holes. Yellowing leaves are a common sign of overwatering.

A well-draining potting mix, such as a standard indoor mix amended with perlite or orchid bark, is necessary. The plant prefers average indoor temperatures ranging from 60°F to 85°F and must be protected from cold drafts. Although Pothos appreciates higher humidity, it generally adapts well to ambient home humidity levels.

Propagation and Toxicity

Propagating Epipremnum aureum is straightforward, most often performed through stem cuttings. Cut a section of the vine just below a node, the small bump where a leaf attaches, as this contains the tissue necessary for new roots to emerge. The cutting can be placed directly into water, where roots develop over several weeks, or planted into moist, well-draining soil. The ease of propagation contributes to its nickname, “Devil’s Ivy.”

Despite its popularity, Pothos is considered toxic if ingested by humans or pets due to insoluble calcium oxalate crystals in its tissues. When chewed, these needle-like crystals cause immediate pain, a burning sensation, and swelling of the mouth and throat. For safety, place the plant in an area inaccessible to small children and household animals.