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How to Grow a Money Tree

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How to Grow a Money Tree

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Overview

The Money Tree is a tropical variation of the Bonsai tree. It is recognized for its thick trunks and small branches that are often braided for an exquisite presentation. The Money Tree is a slow growing tree that does not demand large amounts of attention. However, it is slightly particular about the methods of care it receives.

Growing Your Money Tree

Step 1

Repot your Money Tree when you first receive it. Your potting container should include a combination of its original soil and fresh soil. Aerate the soil by mixing the soil with small pebbles on the top. These pebbles will help to drain the excess water from the soil. Include at least two small drain holes, opposite from one another, in the soil. This, too, will help to drain the excessive water from the tree's soil and promote proper water distribution.

Step 2

Water your Money Tree when the soil is dry, but before the leaves begin to wilt and curl. The Money Tree does not require large amounts of water. Excessive watering will cause the tree to yellow and droop. Adjust the watering schedule to the size of the tree. Large Money Trees should be watered one a week, while smaller trees require watering only two or three times per month. Spray the tree with a fine water mist no more than twice per week. This will keep the leaves healthy, shiny and free of dust.

Step 3

Position your Money Tree in places in the home that are warm, shady and receive only several hours of sun. Avoid exposing your tree to large amounts of direct sunlight. The tree requires no more than 4 hours of direct sunlight per day. The leaves of the tree are sensitive, and too much direct sunlight can cause the leaves to sunburn. Do not expose your tree to temperatures that are below 50 degree Fahrenheit or higher than 90 degrees Fahrenheit. These excessive temperatures can shock the tree and cause it to wilt and die.

Step 4

Prune your tree regularly. Since the Money Tree is a slow-growing plant, regular pruning may only occur two or three times per year. Remove any wilting leaves as they appear. Trim older and larger leaves from the tree to promote new growth. Mature leaves will create blossoming leaves which only last for one day. Those blossoms will produce nuts which can be eaten raw or roasted.

Step 5

Fertilize your Money Tree twice per year during the late fall and late winter. Though the tree does not require it, fertilization will promote taller tree growth and blossoming. Avoid fertilizing the tree during blossoming periods.

Things You'll Need

  • Money plant
  • Potting container
  • Water
  • Fertilizer
  • Small pebbles

References

  • Money Tree
  • Money Tree Plant
Keywords: bonsai care, caring for your Money Tree, Money Tree

About this Author

Writing professionally since 2004, Charmayne Smith focuses on corporate materials such as training manuals, business plans, grant applications and technical manuals. Smith's articles have appeared in the "Houston Chronicle" and on various websites, drawing on her extensive experience in corporate management and property/casualty insurance.