Money Tree

(also: Money Tree Festival) In the Theravada Buddhist tradition, the presentation of “wishing trees” to the Sangha plays an important part in the kathina (robe-offering) festival. The wishing tree is said to be found on a remote, southern island and to provide people with all their needs. Hence, the wishing trees of the kathina festival are laden with monetary and material gifts for the monks. By offering such gifts, the laity are able to benefit from the meritorious power generated by the monks during their just-completed period of monastic retreat.