You might have received a money tree plant as a gift for a special occasion. However, contrary to its name, this plant doesn’t actually grow money. The legend surrounding the money tree suggests that if you care for it faithfully, you will prosper. While it is known for bringing positive energy and good luck, keeping it healthy and happy requires more than just luck. Let’s explore some tips and insights on caring for a money tree plant.
Light: Finding the Right Balance
Like most tropical plants, the money tree can adapt to indoor conditions and tolerate medium light. However, it prefers to be placed near a window where it can receive bright, indirect light. Direct sunlight can be harmful, so it’s important to strike the right balance. As an indoor plant, you’ll want to see new growth and green leaves on your Pachira aquatica. Remember, anything in excess can be detrimental, including excess water, low light, constant direct light, or low temperatures.
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Watering: The Art of Moisture
Money trees thrive in high humidity, so misting them daily with room temperature water can be beneficial. Placing the plant in a bathroom or kitchen, where water is frequently used, can provide a good environment as long as there is enough light. Additionally, an occasional shower with warm water will help keep the foliage clean and prevent pests from establishing themselves. When it comes to watering, a good rule of thumb is to stick your finger in the pot up to your first knuckle. If it feels dry, water thoroughly until water drains into the saucer under the pot. However, be cautious not to leave the plant sitting in water for too long, as it can cause root rot.
Fertilizing: Nourishing the Growth
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To keep your money tree healthy and growing, fertilize it with a water-soluble house plant food. Use it at half the strength recommended on the package label. Apply the liquid fertilizer once per month when watering from March through October. Avoid fertilizing during the winter months when the days are short and dark, as this can result in weak and spindly growth. Pruning may be necessary to maintain the plant’s shape and remove any brown growth. Remember, proper care for a money tree plant is all about understanding the basics of houseplants and meeting its needs.
Repotting: Providing Room to Grow
When repotting your indoor money tree plant, use a commercially made soil mix that is peat moss-based. Adding perlite and about 25% coarse sand to the potting mix will ensure proper drainage. If coarse sand is unavailable, clean pea gravel can work just as well. Ensure that the new pot has drainage holes at the bottom. If planting outdoors in a frost-free area, choose a spot with good drainage and average soil fertility. Plant under the shade of large existing trees, where the money tree can be watered as needed.
Living Outdoors: Embracing the Tropical Ambiance
In tropical climates, money trees can grow to impressive heights, reaching up to 60 feet. If you’re fortunate enough to live in a suitable climate, you can allow your money tree to enjoy the outdoors during the summer months. However, it’s important to provide partial shade and avoid placing the plant in a windy area. Night temperatures should not drop below 50 degrees. Keep in mind that outdoor money trees will require more frequent watering due to the increased heat and faster drying of the soil.
Common Money Tree Care Problems
Pests: Defending Against Unwanted Guests
Scale insects, mealybugs, spider mites, and aphids can pose a potential threat to your money tree. If you notice any of these pests, using a systemic insecticide can help eliminate them. However, be cautious as these insecticides can be toxic to pets and anyone who ingests the plant. It’s always wise to supervise children and pets and prevent them from consuming any plants.
Sparse Leaves or Overgrowth: Maintaining the Balance
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If your money tree begins to appear sparse on top and too tall, misting it or occasionally placing it in a bathroom can help. These actions provide additional moisture, promoting healthier growth and preventing overgrowth.
Size and Flowering: A Matter of Natural Habitat
In its natural habitat, the money tree can grow as tall as 60 feet. However, when kept indoors, it usually grows to heights of 3 to 6 feet. Flowering is uncommon indoors, as the tree needs to reach maturity before producing any blooms.
Pricing: A Range for Every Pocket
The cost of a money tree plant can vary depending on its size. Smaller specimens may be priced around $15, while larger ones can cost several hundred dollars. Regardless of the price, the money tree is a unique and decorative addition to any space.
Caring for a money tree plant requires dedication and attentiveness. By providing the right amount of light, moisture, and nutrients, you can ensure the well-being of your plant. Remember, while luck may play a small role, it is your care and commitment that will bring prosperity to both you and your money tree.
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Category: Money tree
