How to Care for a Money Tree

Do you want a little good luck? Legend says that the money tree, also known as Pachira aquatica, will bring you luck, positive energy, and financial success. Whether or not you believe the folklore, the money tree's upright form and glossy green leaves look good in any room of your house. One study even showed it reduced indoor volatile organic compounds!

These popular houseplants are native to Central and South America and are often sold with a braided trunk or as a bonsai. In the wild, it’s a wetland tree. "It’s a good choice for new plant parents because it’s not finicky," and it’s actually pretty resilient."
Here’s how to care for your brand new money tree plant.

Here’s how to care for your brand new money tree plant.

1.Your money tree prefers bright light.
To look its best, money trees need bright light, but they'll adapt to moderate light okay, too. However, if you try to grow it in light that’s way too dim, the plant will stretch toward the light and become, well, rather ugly. In order to keep money tree growing in an upright position, keep it in a south or west-facing window. Rotate the pot a little once a week to maintain vertical growth. Or use an LED grow light if you don’t have the right light conditions.

2.How do I care for my money tree?
Your money tree is tropical, so it needs temperatures between 65 to 80 degrees. It doesn't like cold, so keep it away from drafty windows. Let it dry out a little between waterings. Then water until it runs out of the drainage holes, dumping out the overflow from the saucer. If you like, feed it an all-purpose fertilizer in spring and summer when the plant is actively growing, but not in winter when it’s resting like most other plants.

3.Are money trees safe around pets?
It’s not currently on the ASPCA’s toxic plant list for pets. But any plant can cause stomach upset and vomiting if your pet nibbles on it, so keep an eye on your cats and dogs with all your indoor plants and indoor trees.

4.You can take your money tree outdoors in summer.
But you don't have to move it anywhere if it’s happy indoors, says Pleasant. Taking your money tree outdoors doesn’t actually do anything for it if it’s already healthy, and it could introduce pests to the plant. On the other hand, if you do decide to take it outside, keep it in dappled sunlight so the leaves don’t become scorched. Bring it back indoors before nights dip into the 50s. And to be extra-safe, consider treating the plant with neem oil before bringing it inside to prevent any potential hitchhikers from coming indoors with it and infesting the rest of your indoor plants.

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