The Legendary Frog Chan Chu

Money Frogs are said to draw wealth to your home or office. This mythical creature is said to appear every full moon near homes that will receive good news of increased wealth or monetary gain.They are called "Chan Chu"(蟾蜍) in Chinese but are more commonly known as the Money Frog or the Three-legged Frog. It is often portrayed with red eyes and flared nostrils, sitting on a pile of traditional Chinese cash (tael), with a coin in its mouth. According to Feng Shui beliefs, it is believed to drive away evil, protect wealth, and increase income.
In Chinese folklore, the legendary frog Chan Chu is the companion of Liu Hai. Like any toad, Chan Chu hides in the cool darkness of wells, and would be fished out from there by Liu Hai with a string of gold coins.
The Feng Shui Money Frog is the most powerful of five Chinese holy creatures that attract wealth, power, good health and love and protect us from evil influences and misfortune.
The Feng Shui Money Frog can be placed in many places to both attract wealth, build prosperity and ward off the losing of both:

1. Place either one, three, six or nine randomly in your living room. If you have a garden they should also be placed randomly there too. They are placed randomly to signify them hopping as they bring lots of wealth and money scattering all over your home and your outside living area. Your Feng Shui Money Frogs will hop out during the afternoon to collect money, wealth and prosperity and return at night with it sticking to their feet. They do not need to be treated as deities so they may be placed low or on the ground. In fact they should not be placed too high or they may be afraid to jump off and go out to seek wealth for you. The Feng Shui Money Frog should be placed randomly in the living room, dining room, or any gather room or outside in your garden. But do not place Feng Shui Money Frogs in kitchens, bathrooms or bedrooms. A good concentration of them should be placed in your wealth corner. They can be placed diagonally facing your main door and some inward facing, but never facing straight out of the door the front door or they will leave and never return.
2. To double the income of your home you may consider placing two Feng Shui Money Frogs at the guardian positions directly inside the front entrance of your premises with their heads looking in. This invites constant cash flow and prevents your gained wealth from leaving.
3. Your wealth corner, which should be located in the southeast corner of either your living room or premises as a whole. Feng Shui Money Frogs should be placed in the wealth corner facing in the direction indicated by your personal Sheng Chi number. The placement location is also very important and is determined by where lucky stars numbers eight and nine are located. It is often said that at these points you will sometimes experience unexplained gusts of wind.
4. Feng Shui Money Frogs are a must for businessmen who want to succeed. In a place of business the Feng Shui Money Frog should be placed at or near your cash register and also should be placed just inside the door of your safe facing in to protect your acquired day's receipts. If you have an office a wealth corner should be set up in the southeast corner of your office as described in three. A Feng Shui Money frog may also be placed on your desk but not at a direct angle to the front entrance of your office. And not if you are sit with your back to a window or with your back to the door.
5. Finally for housewives and gamblers a Feng Shui money frog should be placed by you at the altar of the God of the Earth.
   Have you ever wondered why the money frog or money toad has only 3 legs? Well! According to Chinese Feng shui, the 3 legs of the money frog symbolise the trinity of :
   
   · heaven
   · earth and
   · human

Reference: http://en.wikipedia.org/wiki/Three-legged_money_frog