It has several appealing common names that attracted me as much as the beautiful foliage and braided trunk. Called the Money Tree, Money Luck Tree, Fortune Tree, Provision Tree, and Water Chestnut, I decided taking it home would be a good idea. Although I am not superstitious nor a devotee of Fung Shui, I did follow the placement instructions for maximum monetary benefit. I think if truth be told, those instructions were for the health of the plant more than for harmonious environmental balance or attracting luck and money.
My Money Tree is now nine years old. As a houseplant, it is a breeze to care for, needing only high or moderate light, and warm temperatures. I water it weekly. I made a couple of mistakes in its care over the years. The first was placing it on the patio one spring and the intense light damaged the leaves, which eventually fell off, leaving it scruffy looking for a few months. The second was not regularly pinching back new growth to keep it full. It got quite leggy and wasn’t very attractive for a period. I’ve since corrected that and now it looks great
I’ve learned that my plant is not one, but three. Any time this plant comes with a braided trunk then three plants are in the pot and the stems braided together. That is the best way to know it is a houseplant. In regions where it can grow outside, it is sold as a single plant for landscape use.