How to Care for a Money Tree Plant

By Jonathan Bales , last updated January 24, 2012

Money trees, also known as Malabar chestnuts, are generally easy to grow and care for. The plant is often used in feng shui to produce prosperity for its owner. Growing as high as 15 feet, money trees are a perfect fit in a large room or office. The plant is relatively resistant to almost all pests and diseases. This, along with the plant's ease of care, makes it a popular indoor plant. Follow the steps below to make sure your money tree grows as healthily as possible.

Potting

Your money tree should be placed in well-drained soil. A soil with high pearlite content, such as those made for cacti, is a great choice. Place your money tree in a pot that fits its current size, but remember that they need to be re-potted every couple of years. Place it in an area with little sunlight; if your money tree begins to wither, it can be given a little indirect sunlight.

Watering

Money tree plants are typically watered once a week. You just want to dampen the soil, so be sure to not over-water the plant. You can also use a spray bottle to mist the leaves. A simple trick to allow for a humid environment is placing your money tree in a bathroom in which there is an often-used shower.

Growth

If the aforementioned care isn't easy enough, keep in mind that the money tree also requires no pruning. You should, however, braid the bottom of the tree's five trunks together as they begin to separate. This will not only limit the space the tree takes up, but it will also allow the plant to grow healthy. The only time you will need to prune is if an individual branch disrupts the braid. In this case, either cut off this branch, or remove the entire trunk and plant a new money tree.

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