While an actual money tree really doesn’t grow money, the plant has been said to bring good luck and prosperity to those who tend to it. While I can’t say if that is true, I can tell you that a money tree will offer lots of color and ambiance to your space. Growing a money tree doesn’t have to be complicated, in fact in just a few easy steps you can grow one with success. Take a look below at 7 tips for growing a money tree in your own home, so you too can achieve excellent results.
7 Tips for Growing a Money Tree
1. Grow indoors.
Since this plant is native to warmer regions, you don’t want to plant it outdoors unless you live in exceptionally warm and dry conditions. Instead, opt to plant it indoors. You will still get amazing results, and be able to enjoy the plant year round. When preparing to plant, choose a large and solid pot that is at least 12-14 inches deep and just as wide.
2. Choose the perfect potting soil.
A money tree does well in a specific type of soil. Choose a soil that is a gritty sand and peat moss mixture. Your local gardening center or home improvement store should have exactly what you need, just ask. This will ensure that the plant gets the proper drainage and root care that it requires.
3. Give the plant humidity.
These plants love the tropics, so if you don’t live in a naturally humid area you can fake it! Place the plant on a shallow dish that is filled with rocks and water. It will naturally pull humidity from the dish as it requires it, and there is little further effort on your part.
4. Fertilize often.
Money trees love to be nourished. Keep a liquid fertilizer on hand and use it according to package direction every two weeks. Don’t worry if you miss a feeding or two, but attempt to be regular in feeding it.
5. Prune as needed.
As you see the plant experiencing dried out or blackened foliage, go ahead and prune. You can simply snip off the affected areas so the plant doesn’t waste further resources on trying to mend the damage. It can then redirect its effort elsewhere.
6. Keep it stable.
A money tree does not like to be moved from room to room. The more consistency you can give it, the better. Choose a warm spot that gets a few hours of sunlight a day and avoids cool drafts. You will notice better results if the plant is left untouched.
A money tree will need to be repotted every two years. Move it to a pot that is filled with a gritty/mossy mixture as mentioned above, and one that is larger than the previous pot. At this point the plant has expanded and will need room to spread.
A money tree is a stylish and fun plant to add to your home décor. Give these tips your consideration and you too can enjoy the success of growing one! Now, if we can just figure out how to make it grow REAL money, we would be all set