Dark occult hero image showing the words “HOW TO CAST A MONEY SPELL” with a mystical witchcraft altar filled with candles, crystals, coins, and prosperity ritual objects.

How to Cast a Money Spell: Abundance Magic From Hoodoo, Green Witchcraft & Folk Tradition

The Symbolism of Prosperity in Magic

Every magical tradition that has addressed prosperity has done so through a consistent symbolic vocabulary, and understanding that vocabulary before you begin working with it makes the difference between performing empty gestures and engaging with a living system of meaning that has accumulated cultural and energetic weight across centuries.

Green is the dominant color of prosperity magic across the widest range of traditions. In Hoodoo and American folk magic it is the color of paper money, of growing things, of increase. In Green Witchcraft, rooted in the magic of the natural world, green is the color of the living earth, of abundance as a natural state rather than a condition to be forced. Green candles, green cloth, green ink, and living green plants all carry this correspondence.

Gold carries different but complementary resonances: the color of the sun, of illuminated wealth, of what endures. In European folk magic and ceremonial practice, gold corresponds to solar energy and to the fulfillment of material ambitions. Gold coins, gold ink, and gold thread appear in prosperity work across British, Italian, and Eastern European traditions.

Coins themselves are among the oldest magical objects in continuous use for prosperity work. Their circular form, with no beginning and no end, represents the continuous flow of abundance. Their material, metal drawn from the earth, connects them to the element from which all material wealth ultimately comes. Specific coins carry specific correspondences depending on their metal, their markings, and in some traditions the circumstances under which they were found.

The lodestone, naturally magnetic iron ore, is one of the foundational tools of Hoodoo prosperity work. Its magnetic properties made it an obvious symbol of attraction in a tradition that works heavily with the principle of drawing desired conditions toward the practitioner. A lodestone does not merely represent attraction. In the logic of sympathetic magic, it actively embodies and performs it.

In astrological and ceremonial magic traditions, Jupiter governs prosperity, expansion, generosity, and abundance. Thursday is Jupiter's day, the day when planetary energies are most aligned with work of increase and material growth. Jupiter's colors are blue and purple. His metal is tin. His influence is expansive and generous rather than narrow and hoarding, which is why prosperity magic in the ceremonial tradition tends to frame abundance as something that flows outward as well as in, a key distinction from magic rooted in scarcity thinking.

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The Ethics of Prosperity Magic

Prosperity magic is among the least ethically contested areas of magical practice, and that consensus is worth briefly explaining rather than simply asserting.

The central ethical question in magic is whether the work harms another person or overrides another's free will. Prosperity magic directed at drawing abundance toward yourself, opening pathways to income, removing energetic blocks around money, or aligning yourself with conditions of material sufficiency, harms no identifiable person and overrides no one's will. You are not taking wealth from a specific individual. You are working with the principle that abundance exists and can be drawn toward those who are open to it.

This view is consistent across Hoodoo, Wiccan, Green Witchcraft, and most folk magic traditions. The Wiccan Rede's injunction to harm none is not violated by work that simply improves your own material conditions. Experienced rootworkers in the Hoodoo tradition make the same distinction: drawing money toward yourself is neutral work. Magically interfering with another person's financial situation is not.

The one ethical consideration that practitioners across traditions tend to raise is specificity of harm. A prosperity spell that, in its construction, would necessarily damage a specific other person, such as work intended to cause someone to lose a job so that you might gain it, crosses into ethically contested territory. The techniques in this guide are not of that kind.


The Hoodoo Money Drawing Ritual

This is one of the most well-documented and widely practiced prosperity workings in the Hoodoo tradition, drawing on the tradition's characteristic blend of sympathetic magic, material correspondence, and sustained maintenance work.

Materials

A lodestone, which is naturally magnetic iron ore available from most occult suppliers and many crystal shops. Magnetic sand, also called lodestone food, which is fine iron filings used to feed and activate the lodestone. A green candle, taper or pillar. Money Drawing oil, a traditional Hoodoo formula typically combining ingredients such as alfalfa, bergamot, bayberry, and other prosperity herbs in an oil base, available commercially or made at home. A petition paper: a piece of brown paper bag or unlined paper. A green pen or pencil. A coin, preferably one you found rather than one you spent, placed beneath the candle.

The Process

Begin on a Thursday during the waxing moon. Prepare your petition paper by writing your name five times in a vertical column down the center of the paper. Turn the paper a quarter turn and write your specific financial intention five times across your name, crossing and covering it. Your intention should be specific and present-tense: not "I want more money" but "money flows to me easily and consistently" or a specific dollar amount you need. Around the crossed names and intention, write a continuous circle of words without lifting your pen: "money come to me, money come to me" or equivalent, until the circle is complete.

Fold the petition paper toward you three times, rotating the paper clockwise between each fold. Set it beneath the candle holder.

Dress the green candle with Money Drawing oil, applying it from the base to the wick, moving upward in the direction of drawing toward you. As you work the oil in, hold your intention clearly in mind. Place the dressed candle in its holder atop the petition paper.

Take the lodestone in your hands and speak to it directly, because in Hoodoo tradition the lodestone is understood as a living entity that responds to being addressed: "Lodestone, I am activating you for money drawing work. Your nature is to attract. I am directing your attraction toward money, abundance, and financial opportunity. Draw these things to me now."

Sprinkle a small pinch of magnetic sand over the lodestone and place it beside the candle. Light the candle and allow it to burn completely. As it burns, spend time holding the genuine feeling of financial sufficiency, not the wanting of it, but the sensation of already having it.

Feeding the Lodestone

A lodestone used for active work is fed regularly, typically weekly on Thursdays. Add a fresh pinch of magnetic sand and speak briefly to it, reaffirming its purpose and thanking it for its work. Keep the lodestone on or near the petition paper between feeding sessions. As long as the lodestone is being maintained, the working continues.


The Green Witchcraft Bay Leaf Abundance Spell

Bay laurel has been used in prosperity and protection magic since classical antiquity, sacred to Apollo and used in the crowns of those being honored in Greek and Roman tradition. In Green Witchcraft, which works with the intelligence of plants and their natural correspondences, bay is understood as a powerful amplifier of intention, particularly for abundance and achievement.

Materials

Three to five dried bay leaves, large enough to write on. Gold ink or a gold paint pen. A heatproof dish or cauldron. A candle in green or gold for light and focus.

Timing

Perform this spell on a Thursday during the waxing moon, ideally as the moon approaches full. The full moon itself is equally powerful for this work.

The Process

Sit quietly with your bay leaves and spend several minutes genuinely connecting with what you want to draw in. Green Witchcraft emphasizes authentic relationship with the materials you work with, not the performance of ritual but the genuine meeting of your intention with the plant's properties. Hold the bay leaves and breathe slowly. Feel the brittle edges, the sharp herbal scent. These are not props. They are participants.

Using your gold ink, write a single word or short phrase on each bay leaf. These should be the qualities or conditions you are drawing: "abundance," "flow," "sufficiency," "opportunity," "yes." Write each word as though it is already true. When each leaf is inscribed, hold it briefly and speak the word aloud with full conviction.

Light the candle. One by one, hold each bay leaf to the flame and allow it to catch and burn, releasing it into the heatproof dish. As it burns, watch the smoke carry your intention upward and outward. The releasing of the intention through fire mirrors the releasing you must do psychologically after the spell is cast: you are sending it out, not clutching it.

When all leaves have burned, allow the ash to cool. Carry a small pinch of the ash in your wallet or purse, or scatter it at your front doorstep with the intention that abundance crosses that threshold.

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The Coin Charging Ritual from European Folk Magic

Coin magic is documented in British, German, Italian, and Eastern European folk traditions, and its core logic is sympathetically elegant: a charged coin, imbued with prosperity intention and placed in a specific location or carried on the person, acts as a continuous anchor for the abundance working.

Which Coins

Traditional European folk magic specifies silver coins for money drawing, connecting to the lunar correspondence of silver with growth and increase. In practical contemporary terms, older coins, particularly those found rather than spent, are preferred by most practitioners. A coin found on the ground, especially face up, carries folk magic significance as a gift from fortune and makes particularly good material for charging. Some practitioners use foreign coins for their symbolic associations with wealth coming from unexpected directions.

Timing

Charge your coins on a Thursday at or just before the full moon, when lunar energy is at its peak and Jupiter's day provides the expansive prosperity correspondence.

The Process

Place your chosen coins in a small bowl or on a cloth outdoors, or on a windowsill where moonlight can reach them. Surround them with prosperity herbs: a sprig of rosemary, a few whole cloves, a cinnamon stick. As you place the coins, speak your intention over them: "I charge these coins to draw abundance to me. As they hold the light of this moon, so they hold the intention of prosperity. Wherever these coins rest, money flows toward that place."

Leave the coins in the moonlight overnight. In the morning, retrieve them and either carry one consistently in your wallet (never spending it, keeping it as a prosperity anchor), bury one at the base of a healthy plant in your home or garden, or place one in the farthest left corner of your home from the front door, which in folk magic tradition corresponds to the wealth area of the space.


Moon Phase and Jupiter Day Timing

Thursday and the waxing to full moon period are the twin pillars of timing for prosperity magic, and working with both simultaneously produces the most energetically aligned conditions for this work.

The waxing moon, from new to full, is the phase of increase and attraction. Any spell designed to draw something toward you benefits from being cast during this phase. The full moon is the peak of this energy, the moment of maximum magnetic pull. Spells cast at the full moon carry the strongest drawing power.

Thursday's Jupiter correspondence amplifies the expansive, generous quality of prosperity work, aligning the day's energy with the tradition's understanding that true abundance flows rather than accumulates in a single point.

When Thursday and the waxing or full moon coincide, this is the most powerful window for prosperity magic in both folk and ceremonial traditions.


What to Do with Spell Remnants

Every tradition addresses the disposal of spell remnants, the physical materials remaining after a working, and the choices are not arbitrary.

In Hoodoo, remnants from money drawing work are often buried at a crossroads, a place of intersection and possibility, or carried on the person. Lodestones remain active and are kept rather than discarded. Candle wax can be disposed of by burying in the earth or, for some workings, placed in a river or stream to carry the intention outward.

In Green Witchcraft and folk magic, the preference is generally for returning remnants to the earth through burial or composting, where the organic materials continue their cycle and the intention is absorbed into the living ground.

What you should not do with prosperity spell remnants is throw them in the household garbage without intention. Disposing of magical materials carelessly is understood across traditions as a breaking of the working's continuity.


Why the Spell Should Be Forgotten After Casting

Every tradition covered in this guide includes the same instruction at the point of completion: release the working and do not obsess over it.

The mechanism is consistent across the different theoretical frameworks each tradition uses to explain it. In Hoodoo, doing the work and walking away is practical wisdom about where your energy belongs after the spell is cast. In Wiccan and ceremonial practice, obsessive focus on an outcome keeps the practitioner's energy in a state of wanting, which actively contradicts the having that the spell has been set to draw in. In Green Witchcraft, the releasing is understood as trust in the intelligence of natural processes to work in their own time.

Cast the spell with full attention. Complete it with full conviction. Then return to ordinary life and take every practical action consistent with your intention: apply for the opportunity, do the work, open the doors that are in front of you. Prosperity magic works most effectively when it has practical ground to move through.


Common Mistakes

The most consistent mistake in prosperity magic is scarcity thinking during the casting itself. You cannot draw abundance from a position of desperate lack. The internal state during the working should be one of genuine expectation and openness, not frantic need. If you are too emotionally desperate about the financial situation to achieve this state, wait, address the immediate crisis through practical means, and return to the magical work from a more stable foundation.

Skipping maintenance on sustained workings, particularly the honey jar and lodestone techniques, significantly undermines their effectiveness. These are living workings that require tending.

Vague intention produces vague results. Be specific about what you are drawing, both in the petition work and in the internal imagery you hold during casting.

Finally, casting a prosperity spell and then taking no practical action is the most fundamental misunderstanding of how magic works across every tradition this guide has drawn from. The spell opens doors. You still have to walk through them.

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Strange & Twisted covers the full spectrum of magical tradition, from Hoodoo and folk magic to Green Witchcraft and ceremonial practice. Explore our complete witchcraft archive for more historically grounded, practical guides to working with these traditions

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