These trees are said to bring good luck and good fortune to their owners, hence the name. They’re low care needs, attractive leaves and braided trunks all make combine to make these houseplants a perfect choice for new gardeners.
Light – Moderate to bright, indirect light is ideal; however, they’re adaptable to low light and fluorescent light. Avoid direct sunlight which can cause leaf scorch.
Water – Water once the top inch of soil is dry, but be careful not to over water.
Soil – Moist, well-draining soil like Espoma Potting Soil. If your soil is staying too wet, add perlite to increase drainage or ease up on the watering.
Temperature – Money Trees prefer temperatures between 65° and 75°, making the average home ideal. Protect Money Trees from drafts and do not expose them to temperatures below 55°.
Humidity – Money Trees like high levels of humidity. Regular misting, a nearby humidifier or a tray of pebbles and water are easy methods of raising humidity levels.
Fertilization – Fertilize once a month in spring and summer with a balanced fertilizer like Bonide Liquid Plant Food. There is no need to fertilize in winter.
Size – Money Trees can actually reach 6 to 8 feet tall indoors, though their slow rate of growth means that it can take many years for them to reach that height. You can stunt their growth by keeping them in small pots for longer periods of time.
Repotting – Repot every 2 to 3 years in a container with ample drainage and no more than 1 or 2 sizes larger than their current pot. If you’re trying to keep your Money Tree small, you can repot it into the same container, but with new soil.
Propagation – Money Trees can be propagated by stem cuttings.
Toxicity – Considered non-toxic to people and pets.