They call this the “money tree,” a marketer’s moniker alluding to the plant’s ability to bring its owner good luck and prosperity. Supposedly, its braided trunks trap the luck and keep it in the house.
And although the plant, Pachira aquatica (or perhaps a close relative, Pachira glabra), is native to Central and South America, it has somehow gotten tangled up in sales pitches with Asian allusions and with lucky bamboo, another hapless victim of silly names. (It’s not a bamboo, but a type of dracaena).
Even so, it’s a really nice houseplant. Commonly sold with five or so trunks braided together, it has the ability to form woody stems at an early age and sprout new growth directly from the trunk. It has the look of a carefully trained bonsai.
It’s a cooperative subject, willing to become an authentic bonsai if its roots are trimmed and potted appropriately. Otherwise, it’s just as happy subsisting in a small pot, allowing its stems to continue to be braided as they grow.
Mine came in a very small 3-inch pot, and I recently decided it needed to be repotted.
I’m guessing by its growth habit and suitability as a bonsai subject that it likes to be root-bound, so I didn’t want to put it in too large a container. A 5-inch clay pot seemed ideal.
The next consideration was potting soil. Again, because I want it to remain small and not bolt up to the 50-foot height it can achieve in the wild, I decided a lean soil with very good drainage was necessary. So I added vermiculite and a good dose of small pebbles to the potting soil.
The resulting mixed looked like this:
My money tree has been sprouting new leaves. Now we’ll have to see if repotting will encourage more growth, or whether it will put all its efforts into growing new roots.