Palo Santo is from South America and means "Wood of the Saints." It's known to rid bad energy, bring good fortune, and increase creativity. It's great to burn when you are meditating too. I purchased mine from The Sage Goddess on Etsy. She has a wonderful shop with gems, and candles, and beauty products.
"Use a candle, match or lighter to ignite your stick of Palo Santo. Hold at about a 45 degree angle pointing the tip down toward the flame. Allow it to burn for about 30 secs to 1 minute and then blow out. Move about your workspace, home, car, bathroom or anywhere you would like to clear the energy. The rich smell will also bring peace and clarity to the moment along with good feelings . When finished, place the stick in a fire proof bowl of metal, glass or clay. The glow will end on its own unless you blow on the ember which will keep the smoke going. Always use caution and respect when working with fire." -Sacred Wood Essenes