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How to Take Care of Money Plants

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How to Take Care of Money Plants

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Overview

The money tree plant, or pachira aquatica, is a hardy tree native to the West Indies. This tropical tree has a high drought tolerance and is easily cultivated. The money tree grows at a slow to moderate pace and can reach garden and indoor heights up to seven feet, but can easily reach up to 100 feet in its native environment. The money plant produces fragrant, yellowish-white flowers that are accented by an array of pink stamens and reddish brown fruit pods that are edible raw or cooked. While outdoor money plants will begin to produce flowers during its second year, many indoor money plants may never produce flowers or fruit.

Step 1

Select a well-drained potting container for the money plant. Choose a container with a depth that is at least twice the size of the root ball. Ensure that the container has several drainage holes to provide an even release of excess water.

Step 2

Plant the money plant in nutrient rich soil. Incorporate the soil with an equal amount of fine, clean sand to improve the soil's drainage. Fill the bottom one third of the container with soil before placing the money plant. Surround the plant with soil. Ensure that there are no roots showing from the surface before pressing the soil firmly around the tree.

Step 3

Irrigate the money plant about once each week. Check the soil's moisture levels prior to each watering. Stick your finger about two inches into the soil. Water the plant when the soil feels somewhat dry. Postpone the irrigation until the next day if you are unsure of the soil's moisture.

Step 4

Place the money plant in a warm, sunny location. Ensure that the location receives at least six hours of full sunlight. Keep the money plant away from extreme temperature variations, such as drafty doorways, heating vents and air conditioners.

Step 5

Feed the money plant twice a month. Use a well-balanced, water soluble fertilizer. Apply the fertilizer as instructed using half strength. Complete the fertilization process on an irrigation day when the soil has some moisture.

Step 6

Prune the money plant only to remove deadened areas. Pinch away wilted or deadened foliage. Use sharp pruning shears or scissors to trim away dead, dying or wilted stems and branches.

Things You'll Need

  • Fertilizer
  • Water
  • Scissors
  • Potting Soil
  • Clean Sand

References

  • House Into Home: Money Tree - Pachira Aquatica
  • Plant Care: Guiana chestnut, Water Chestnut
  • Plant Creations: Pachira Aquatica
Keywords: growing money plants, money plant care, pachira aquatica care

About this Author

Charmayne Smith is a business professional and freelance writer. She has worked in management for successful organizations since 1994. Smith draws on her business background to write articles, and her work has appeared in a variety of online outlets. She holds a degree in business from Cleveland State University.