How to grow a new money tree plant

Updated July 20, 2017

Growing a money tree outdoors is a luxury reserved for the residents of the Scilly Isles. Anywhere else, you will have to grow your money tree (Crassula argentea or ovata) as a houseplant. Buy your new money tree (also known as a jade plant) from a garden centre or grow one from a leaf or stem cutting. Money trees can tolerate some neglect, but grow best with a minimum level of care. Though slow-growing, healthy plants can attain a height of up to 1.5 m (5 feet).

Slice a piece of stem or a leaf from the money tree with a sharp knife or scalpel, if growing the new plant from a cutting.

Dust the cutting with hormone rooting powder and put it in damp potting soil in a seed tray. Half the cutting should be in the soil and half sticking out. A new plant should form in two to three months.

Scrub down the pot you plan to use for the money tree with soap and water, rinsing it thoroughly. This stops diseases or pests from a previous plant that used the pot from infecting your new plant.

Mix four parts of standard potting soil with one part coarse sand. Put some shards from broken clay plant pots in the bottom of the clean pot and add some of the compost mixture. Money trees need efficient drainage or the roots can rot.

Remove the money tree from its current pot or seed tray, taking care to disturb the root ball as little as possible. Place the plant in the new pot and fill in the edges and top with some of the potting mixture.

Water the plant thoroughly. Stop watering when liquid leaks from the pot's drainage hole. Allow the plant to become nearly dry before watering again. Henceforth, keep the plant damp but not soaked.

Place the plant by a window where it gets direct sunlight every day for around four hours. Choose a spot free from drafts.


Encourage growth by fertilising with a liquid houseplant food every three to four months. Use the amount recommended by the manufacturer.


Make sure the plant's leaves are not touching a window. In winter this may cause damage to the foliage.

Things You'll Need

  • Soap
  • Sharp knife or scalpel
  • Hormone rooting powder
  • Seed tray
  • Pot
  • Broken crocks
  • Potting soil
  • Coarse sand
  • Liquid plant feed
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About the Author

Ken Macdonald lives in London and has been a freelance editor and writer since 1999. He has written on topics including travel, food and gardening for UKTV, Expedia and “The Guardian” website. He holds a Bachelor of Arts in English studies from Stirling University in Scotland.