How to Make a Money Cake

When I was a kid, my mom always made a Money Cake for my birthday and it was always the hit of the party.  My friends loved finding hidden coins inside their cake.  None of my friends ever had a Money Cake at their birthday parties, so it was particularly special having one at my party.

During college, I mentioned to a roommate one year that we should make a Money Cake for my birthday.  She'd never heard of it.  I asked around.  Nobody had ever heard of it.  Over the years, I have never met a single other person who has ever heard of, made, or eaten a Money Cake, other than people who had attended my birthday parties.  Up until this year, I'd never made one for Trevor.  Time to change that!

My plan had been to drop Trevor off at school on Friday (his last day of school), race home and make the Money Cake, and have it be a surprise for him at his Star Wars birthday party the next day.  My plans were foiled when the principal called to say that the awards ceremony for Trevor and the other kids who made the Accelerated Reader Million Word Club would be that Friday morning.  I had no choice but to spoil the surprise and involve Trevor in making the cake after school got out.

The first step is to gather some coins.  We started with 4 quarters, 15 dimes, 15 nickels, and 15 pennies.  (Larger coins may not fit in your cake, so stick with these denominations.)  Wash them with warm water and dish soap, then dry them with a towel.  Set them aside.  Wash your hands thoroughly, then bake an ordinary cake, using either a mix or from scratch.  We made a yellow cake and baked it in a 13x9" pan.   

While the cake is cooling, wrap each of the clean coins in aluminum foil.  You only need a small piece for each coin - just enough to completely cover it.

When the cake is cool, gently slide each coin vertically into the cake.  

The coins should be distributed evenly around the cake so that everyone gets at least one (and hopefully more).

Get down at eye level to make sure there aren't any coins sticking up.

Now frost your cake as usual.  No one will have any idea that the cake has a surprise inside!  At the party, announce to the guests that this is a special cake with prizes hidden inside.  (You don't want anyone accidentally swallowing a coin, which won't happen if they know there's something in the cake.  Even so, I wouldn't serve this to anyone under 4.)  I gave each guest his/her initial in chocolate, with the instructions to "choose your lucky piece!"

Once everyone had put their initials on the cake, I carefully cut each piece.  Occasionally the knife will hit a coin, but it's not a big deal.

The kids were so excited when they started discovering coins in their cake slices.  There was even more excitement as they unwrapped them to see whether they got pennies, nickels, dimes, or one of the coveted quarters.  The Money Cake was definitely a hit.

Here's a close-up of what a slice of Money Cake looks like.  Two coins are visible from this angle. Two more were hidden inside.

Have any of you ever had a Money Cake before?  Anybody going to make one in the future?  You should!  They're so much fun.


  1. When you mentioned this yesterday I had no idea what you meant ... so nope ... put me in the 'never heard of it' column ;) That is really cool!!!! Will have to try that at Brookie's next party!!!!!!!

  2. Wow! I've never heard of it either! That is very awesome! Your mom did this for you? Now I know where all your creativity comes from! :0)

  3. That is so cool I never heard of it either

  4. I never heard of it either, but how fun is that?! Maybe you can add text to that last photo "Money Cake: foil-wrapped coins inside," add your blog name and pin it. I bet it would be popular on Pinterest.. :)

  5. I had never heard of it! I will make one in the future. My favorite part was each of the kids getting to mark their own "lucky" piece.

  6. LOVE this idea!!! And Izzy is correct - I bet this will become a hugely popular post of yours!!! :)

  7. This is awesome!! What a great idea!! Definitely add me to the list of never heard of it ;)

  8. Hi, I have heard of this. I grew up in Toronto and a couple of the parties in the 70's had this type of cake. The foil wrapped coins I think were baked in the cake though. This is a much better idea though! I'm thinking of this for nieces shower cupcakes but put a naughty candy inside each cake. Now that I know it doesn't have to be baked in I don't have to worry about it melting....have to figure out how to get it in there though.

  9. I am making my 5 year old grandson one today.

  10. I just googled this as a kid I had a neighbor that had 1 for her b-day every year.i didn't play with her often as she was a girly girl and I was definitely a Tom boy but it was a rural neighborhood so I guess her mom invited who she could. That was always the highlight of the summer for me and I've never forgotten it. I think the Easter Bunny might leave a money cake at our house this year and all the years to follow. TY so much for posting this, I've been giggling since I read it.


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