Money Tree Care Guide

Why to grow Money Tree at all?

  • If you are a Fengshui follower, you already know that Money Tree produces a flow of positive energy that attracts happiness and success to the place it grows.
  • Some people believe that Money Tree can increase the financial wealth of his owner.
  • Money Tree also works as a filter: it purifies the air at home that consequently leads to better quality sleep and improves mental performance. 
  • This magic tree also has healing power. It is widely used as a medicine to cure various injuries and diseases, such as hemorrhoids. 
  • Unlike other plants, by getting older, Money Tree becomes even more lively and beautiful.
  • Finally, even the most careless person in the world would be able to grow Money Tree: this plant is super easy to take care of!

Money Tree Plant Care

Location

Any bright place that doesn’t get too much direct sunlight would be perfect for Money Tree. Originally, this plant is from the savannas of Africa, therefore it perfectly withstands dry indoor air and central heating. The ideal temperature for this little guy would be something between 15 – 25 °C. Any windowsill on the South-side of your room would be a great habitat for this tree. 

TIP: avoid any extreme hot or cold temperature. Money Tree doesn’t like AC or heater if they’re too close.

Watering 

Money Tree is one of the most resistant plants. Accidentally over-watered your plant? Went on vacation and forgot to water it at all? Don’t worry! In both scenarios, your tree will be just fine. The roots of the plant accumulate moisture, so even if you forget to water your plant – it’s not a big deal. In short – water your plant generously during the warm season and much less – when it’s cold. During the winter, Money Tree grows less, therefore, it doesn’t require as much water. 

TIP: Let the soil of the Money tree dry out before watering it again.

Fertilizing  

For the lazy ones – this is not a life-or-death step. However, seasonal fertilizing 3 – 4 times a year would help to maintain your tree healthy as it grows. The best time to fertilize your Money Tree is every 30 days in a period from March to August. Fertilizer for cacti and succulent plants – will be suitable for Money Tree as well. 

One more itsy-bitsy tip to take care of your friend: spray the leaves of the tree with some water once in a while. It will encourage the growth of it!

Re-potting 

Chill out! Repotting is only necessary when you notice that your little friend is not so little anymore, and the pot becomes obviously too tight for it to grow. Another sign that your plant needs a new home – falling leaves. If you notice any of this – you have no other option but to look for another slightly bigger flower pot. Remember – Money Tree needs a peat-moss-based, sandy soil and proper drainage. 

Good news – old plants don’t need to be re-potted every year. Changing only the top layer of the soil every Spring will be just enough!

TIP: In the beginning, choose a cheaper flower pot for your Money Tree because you will probably have to smash it in pieces when re-potting it a few years later. 

Problems/Diseases

No matter how strong and resistant your Money Tree would be, it can also be attacked by pests. The most common ones are scale insects, such as Mealybugs. They look like little dots and can be found all over the plant. These scale insects produce sticky substances and slowly destroy your plant by encouraging fungus growth. Therefore, the first sign that your tree has probably been attacked by scale insects is yellow, sticky leaves. The minute you notice any similar symptoms – go to the nearest garden shop and ask for insecticides.

TIP: Treat your Money Tree as a living being: time after time gently clean the leaves, talk to it. It is said that this tree feels his owner – if he/she goes away for a long time – the plant can even get sick. 

A properly maintained Money Tree can live at your home for decades without a hitch. However, even the strongest ones crave for a little attention and care. Not everyone knows, but on very rare occasions well-maintained and well-treated Money Tree can even blossom out! Isn’t it worth to take care of it?

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