The money tree, also known as Pachira Aquatica, is a tropical plant with a braided trunk and pointed green leaves. The popular house plant is considered lucky, and it’s rumored to bring financial success, hence its nickname. Whether you believe the plant brings luck or not, it’s a low-maintenance option that’s perfect for beginner indoor gardeners and apartment dwellers. Here’s an introduction to money tree care.
Where To Grow Your Money Tree
As a tropical plant, money trees prefer humid environments. They’ll thrive in a bathroom if it has enough bright, indirect light. Otherwise, place yours near a window so it has access to enough sunlight, but be careful not to place it in front of direct light. Use a spritzer daily to keep it happy in areas with low humidity.
Planting Your Money Tree
Money trees should be planted in a pot with good drainage. Basic terracotta pots with a drainage hole at the bottom will work well. For best results, plant your tree in a peat moss-based soil. Taking these steps will help protect your money tree from root rot, a common issue that’s easy to avoid with a little prevention.
Watering & Feeding Your Money Tree
Money trees only need to be watered when their soil is dry. A good way to determine if your plant needs watering or not is to stick a finger into the soil about two to four inches. If it’s dry, your plant needs water. If it’s still moist, hold off on watering for a couple more days. When it is time to water your money tree, give it enough that water drains out from the bottom of the pot.
Feed your money tree fertilizer about once a month during the spring and summer. Before you feed your plant, make sure that the soil is damp. Your tree won’t need any fertilizer in the wintertime.
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