Don't be afraid to prune back your money tree (Pachira aquatica) to maintain a nice shape even if it has to go all the way back to the stumps for a Ponytail Palm Care Guide Despite the name, the ponytail palm (Beaucarnea recurvata) isn't a true palm, it's actually a drought tolerant succulent! With its fun, fountain like foliage and thick, water storing trunk, Crochet Hanging Plant MakerPlace by Michaels Just waiting for this Crassula Arborescens Undulatifolia Ripple Curly Jade to mature a bit and I will make a bonsai tree.