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Image: Phamai Techaphan/Getty ImagesMoney tree plants are distinguished by their unique braided trunks and long, green stalks, each sporting five leaves. Although native to the tropical regions of Central and South America, these plants are incredibly popular in Japan and East Asia. The association of the money tree with good fortune and wealth dates back to its cultivation in Taiwan. Additionally, the plant holds significance in Feng Shui practices.
It's important to distinguish a money tree from the money plant (also known as the Chinese money plant), which features round, coin-like leaves and is similarly linked to wealth. Keep reading to find out how to help your money tree flourish and thrive in your home.
Money Tree Care Tips
Fortunately, money trees are known for being easy to care for, making them an ideal plant for beginners. You don't need to worry too much about adding this plant to your home, but following the care guidelines below will ensure your money tree stays strong and healthy.
Light
Money trees thrive in bright, indirect sunlight, making them a perfect choice for placement near a window. They can even survive in low light or under fluorescent lighting as long as their other needs are met.
The only light they don't tolerate is harsh, direct sunlight, so avoid placing these plants directly against a sunny window.
Soil and Water
Money trees thrive in well-draining potting mix and should be potted in containers with proper drainage. While they originate from wetland areas, they do not like to sit in standing water when kept indoors and actually prefer less frequent watering compared to many other houseplants.
Aim to water your money tree every one to two weeks, or when the soil feels 50%-75% dry. Be sure to water thoroughly, allowing the water to drain from the pot's holes.
Temperature and Humidity
Money trees prefer indoor temperatures between 60°F and 75°F. While they do well in typical home humidity levels, they thrive in higher humidity. If your home is on the drier side, occasional misting can help your plant flourish.
Common Problems
Leaf drop, yellowing leaves, and root rot are common issues faced by money trees. Overwatering is a leading cause of these problems, which is why sticking to a less frequent watering schedule is crucial. Only water when the soil is at least 50% dry.
Leaf drop can also occur due to environmental stress. Money trees are sensitive to significant changes in their surroundings, so your plant may shed some leaves after a move or change in location. However, it will adjust over time as long as its other needs are properly met.
