Is a money tree a good indoor plant?
The Money Tree is a perfect indoor foliage plant to give your home a tropical feel. Native from South America, the Money Tree is also very popular in Taiwan and other East Asian countries. It has been said the Money Tree may reduce stress, anxiety, and may also help relieve sleeping disorders. Let your Money Tree dry out completely between waterings. The plant stores a lot of water in its stems and roots. To see if your plant needs water, stick your finger about an inch down into the soil. If it feels dry, water.The plant may need repotting every two-three years using a fresh potting mixture. Try not to move the plant around a lot. Money tree plants dislike being moved and respond by dropping their leaves. Also keep them away from drafty areas.Yes, Money Trees do need sunlight, but they thrive best in bright, indirect light. Direct sunlight can scorch their leaves, leading to brown tips and a generally unhealthy appearance. If you notice your Money Tree stretching towards the light, it may be a sign that it needs a brighter location.Let your Money Tree dry out completely between waterings. The plant stores a lot of water in its stems and roots. To see if your plant needs water, stick your finger about an inch down into the soil. If it feels dry, water.Money trees are easy to grow when they have the right conditions to thrive, meaning a bigger pot, the right potting soil and lots of nutrients. To repot a money tree, choose a pot that is only slightly bigger than your root ball, and make sure it has proper drainage holes.
How do you take care of a money tree houseplant?
Caring for a Money Plant The ideal place for a money tree is a bathroom with natural indirect light, where your plant can benefit from the humidity in the atmosphere. Money trees need regular, thorough watering. Although they are native to swamps, letting them sit in constantly wet soil is likely to lead to root rot. There are many tales that surround the money tree, typically associated with luck, good fortune, prosperity, and auspiciousness—all words that are also relevant to the Lunar New Year, for which this plant is a common gift, given as a houseplant that will bestow good luck to anyone residing near it.It is not recommended to place the plant in areas that have low light or no natural sunlight. Aside from the best places to ensure the plant is healthy, the Money Tree is traditionally placed in the Southeast area of your home, as this is considered the point of wealth and abundance.Steeped in history and myths, this auspicious plant boasts spiritual significance in many Eastern cultures. Believed to bring luck, prosperity, and wealth, the Money Tree is especially prized by followers of the Feng Shui practice.Your “money area”: According to traditional feng shui, the far left corner of your home is designated as the money area. Placing your Money Tree here can enhance its ability to bring prosperity.
How long will a money tree live?
They say “money don’t grow on trees! Well, the next best thing is to own a money tree plant. They are amazingly hardy and thrive under the right conditions. When cared for with appropriate watering, plant food, and proper sunlight, money plants can live up to around 10-12 years. Yes, money trees do need sunlight, but they thrive best in bright, indirect light. Direct sunlight can scorch their leaves, leading to brown tips and a generally unhealthy appearance. If you notice your money tree stretching towards the light, it may be a sign that it needs a brighter location.Let your Money Tree dry out completely between waterings. The plant stores a lot of water in its stems and roots. To see if your plant needs water, stick your finger about an inch down into the soil. If it feels dry, water.Some of the most common Money Tree plant problems are yellowing or browning leaves, stem softening, and leggy growth.A dying money tree is usually because of root rot due to overwatering or poor drainage which causes the money tree’s leaves to droop, turn yellow and drop off. Low humidity and excessively dry soil cause the money tree’s leaves to turn brown with a wilting, dying appearance.