How do you take care of an indoor money tree?

Taking care of an indoor money tree can be a rewarding experience, as these plants are known for their attractive foliage and the belief that they bring good luck and prosperity. Here are some tips to ensure that your money tree thrives in an indoor environment.

1. Light: Money trees prefer bright, indirect light. Place your plant near a window where it can receive filtered sunlight. Avoid placing it in direct sunlight, as this can scorch the leaves. If your money tree is not receiving enough light, it may become leggy or its growth may slow down. Consider using a grow light if natural light is limited.

2. Temperature and Humidity: Money trees prefer temperatures between 65-85°F (18-29°C). They can tolerate slightly cooler temperatures, but avoid exposing them to drafts or extreme temperature fluctuations. Maintain a moderate humidity level by misting the leaves with water or placing the pot on a tray filled with water and pebbles. This will help provide the necessary moisture for the plant.

3. Watering: Proper watering is crucial for the health of your money tree. Water it thoroughly when the top inch of soil feels dry. Avoid overwatering, as this can lead to root rot. Ensure that the pot has good drainage to prevent water from sitting in the bottom. Using a well-draining potting mix is also important to prevent waterlogged soil.

4. Fertilizing: Money trees benefit from regular fertilization during the growing season (spring and summer). Use a balanced, water-soluble fertilizer and dilute it to half the recommended strength. Apply the fertilizer once a month, following the instructions on the package. During the dormant season (fall and winter), reduce or stop fertilizing altogether.

5. Pruning: Pruning is not necessary for the health of a money tree, but it can help maintain its shape and encourage bushier growth. If you notice leggy stems or overcrowding, prune back any unwanted branches or stems to maintain a desired appearance.

6. Repotting: Money trees generally prefer slightly crowded conditions, so repotting is not required frequently. However, if you notice the roots are tightly packed or the plant has outgrown its pot, you can repot it into a slightly larger container using a well-draining potting mix. Repotting is best done in the spring.

7. Pest Control: Money trees are relatively resistant to pests, but occasionally, they can be susceptible to mealybugs, spider mites, or scale insects. Keep an eye out for any signs of infestation, such as webbing, sticky residue, or tiny insects on the leaves. If you notice any pests, wipe the leaves with a damp cloth or use an insecticidal soap to control the infestation.

Remember, every plant is unique, and it may take some trial and error to find the perfect care routine for your money tree. Pay attention to its appearance and adjust your care accordingly. With proper attention and care, your indoor money tree can become a beautiful and auspicious addition to your home.

Photo of author

Caroline Bates

Caroline is a Miami-based landscaper who specializes in drought-tolerant landscapes. She is the mother of two young children and also enjoys writing for GreenPacks.org in her spare time. Caroline takes great pride in her work, and loves being able to share her knowledge with others through her writing.