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How to Take Care of a Money Tree

As the name suggests, money trees are widely considered and treated as a symbol of fortune and luck. First cultivated in Japan a few decades ago, they started to become popular in other parts of the world with time.

If you also want to decorate your home with plants, then a money tree is going to be a great choice. It can be easily grown and maintained at home. This plant is known by many different names such as saba nut, Malabar chestnut, and monguba, depending on the region where it is grown.

How to Care for a Money Tree: Some Basic Tips

Below are some of the most important things you should consider if you want your money tree to thrive indoors.

Make Sure That It is Getting Enough Sunlight

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Money tree plant thrives well in an indoor environment where there is a mix of direct and indirect sunlight. If you are exposing your plant to too much sunlight it could possibly scotch its leaves. Change the position of your plant regularly for equal distribution of sunlight. Make sure you are rotating it in all directions.

Don’t move it too frequently as it could negatively impact its growth. The money tree plant is also very good at surviving in low light conditions which means you can keep it in your office cabin as well. 

Water the Plant as Per Requirement

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Watering your plant as per its requirement is very essential for its growth. The money tree plant is among those plants that need to be watered once or twice a week.

The gap between the watering cycle will allow the soil to dry completely, which is essential for a money tree plant to thrive and grow healthy. If your plant is exposed to more light, you need to increase its water intake so that its roots are not getting dried.

So, how to know when your money plant needs water? Well, the answer to this question is very simple: whenever the top of the soil is around 50 to 70% dry this means your money tree plant needs water.

Take Care of Humidity Levels

Maintaining the level of humidity is very important when it comes to the health of your indoor plants. Money tree plants prefer warm environments to grow. This means you should keep a proper check on the temperature of the room or any other part of your home where money tree plants are placed.

The ideal temperature for money tree plants could be between 65 to 75 degrees. 

However, the nature of money plants is flexible which is also one of the main reasons behind their popularity. They can handle temperatures as low as 10 degrees. With some extra moisture in the environment, your money tree plant could thrive.

Maintain the Quality of Soil

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Like many other important tips on how to take care of money tree plants, you should also keep a close eye on the quality of the soil. The growth of a plant is dependent on the nutrients that are found in the soil. Choose nutrient-rich soil for your plant.

A good quality potting mixture would be rich in nutrients and has good drainage properties. There are many different potting mixes available in the market these days so go for a reliable brand if you want to grow healthy houseplants, which can survive for a long time.

Take Care of Your Money Tree’s Grooming Needs

Make sure you have all the necessary home gardening tools if you are a fan of growing and maintaining different types of plant species in your lawn within your house.

Use clean and sharp scissors or pruning to tend to the pruning needs of your money tree plant. You can also prune or shape them up according to your preferences and home decor requirements. A well-groomed money tree plant can survive for a very long time.

Common Problems in Money Tree Plant Care

One of the most common problems with money tree plant care is root rot. That is when you provide your plant with an excess amount of water. When there is too much water in the soil, it could cause the roots of the plant to rot and die.

The money tree plant is also a magnet to pests. It attracts many different types of insects such as mealybugs, beetles, aphids, and whiteflies. It is better not to use artificial insecticide to get rid of insects because the harmful chemical in them could damage your plants. Instead, rely on natural remedies like neem oil to repel pests and rinse your plants with water to remove aphids.

These were some of the best tips on how to take care of a money tree in your home. This plant could be a great way to improve the look of your home decor and add some greenery to your space.

What do you think?

Written by Spencer K