The Magnificent Money Plant: A Must-Have for Your Garden

The money plant, also known as “Honesty,” is a remarkable biennial herbaceous plant that belongs to the mustard family. It is cherished not only for its stunning silvery seed pods used in dried flower arrangements but also for the vibrant magenta flowers that create a captivating display when grown in groups. In this article, we will explore the enchanting characteristics of the money plant and how to cultivate it in your garden.

A Biennial Beauty

The money plant follows a unique biennial life cycle. During the first year, the plant germinates from seeds, producing small but promising shoots. Then, in the early spring of the following year, multiple flower stalks emerge from each plant, soaring up to 3 feet tall. Adorning these stalks are clusters of delicate, pinkish-lavender flowers, emitting a delightful fragrance that entices both bees and butterflies. With each flower boasting four petals, the spectacle is truly awe-inspiring. After the blooming period, the plant completes its life cycle, leaving behind its silvery seed pods that add a touch of autumn allure to woodland settings as the seeds gently disperse.

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Finding the Perfect Spot

To ensure the optimal growth of the money plant, it is best to plant it in fertile, well-drained woodland soils. This versatile plant thrives in dappled sunlight or partial shade, making it an excellent choice for the edges of woods. Its distinctively serrated, pointed, oval-shaped leaves complement the fine-textured foliage of various spring-blooming plants such as Christmas fern, daffodils, native columbine, dwarf-crested iris, and green and gold.

The Art of Cultivation

Allowing the money plant to self-seed is a simple way to guarantee a stunning display each year. By saving some of the seeds and planting them in late summer, you can ensure the continuous flowering of the plant. To expand its presence in new areas, break off the dried flower stalks and scatter them across the woodland region. While excessive mulch may hinder seed germination, the money plant often sprouts amid the leaf litter of woodlands. For optimal growth, apply a slow-release or complete organic fertilizer in the spring, just as new growth emerges.

Harvesting and Preserving

If you wish to utilize the money plant’s unique seed pods, known as silicles, for flower arrangements, it’s essential to harvest them properly. Gather a bunch of flower stalks, tie them together, and hang them upside down for 2 to 4 weeks until they are completely dry. You can then remove the brown outer coverings of the seed pods by gently rubbing them between your thumb and fingers. Collect the seeds and store them in a dry place for future planting.

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Distinguishing the Money Plant

It is easy to mistake the money plant for dame’s rocket (Hesperis matronalis), another mustard family member with similar-colored flowers. However, there are distinct differences between the two. Dame’s rocket is an aggressive reseeder that can become invasive in some parts of the United States. Unlike the money plant, dame’s rocket has longer, narrower leaves, longer and slender seed pods, and blooms later in the spring. It is crucial to identify the correct plant to avoid unintentional spreading of invasive species.

The money plant, with its captivating flowers and charming seed pods, is a must-have for any garden. Its resilience, ease of cultivation, and ability to self-seed make it a valuable addition to woodland landscapes. Just remember to provide it with well-drained soil, dappled sunlight, and a little tender care. Whether you’re a seasoned gardener or a budding enthusiast, the money plant will reward you with its enchanting beauty year after year.

Originally published 02/14