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How to Care for a Bamboo Money Tree

By Bridget Kelly ; Updated September 21, 2017

The Chinese hold the bamboo money tree as an important element in feng shui. It is often given as a housewarming gift, the giver believing that it will bring good fortune to the home. Even in the United States, you will often see a bamboo money tree on the counter when you pay your bill after dining in a Chinese restaurant. The bamboo money tree is a tropical, fast growing tree that is very easy to care for.

Give the bamboo money tree lots of light but not direct sunlight. The plant will tolerate low light but it may lose some leaves. The preferred temperature range is between 65 and 95 degrees Fahrenheit.

Allow the plant to dry out completely before each watering as the bamboo money tree is susceptible to root rot. Money trees rarely need watering more than two or three times per month.

Fertilize the bamboo money tree twice a year with a diluted solution (half strength) of a liquid, all-purpose fertilizer.

Trim the bamboo money tree to keep it the size you want and to remove any dead leaves.

 

Things You Will Need

  • Water
  • Fertilizer

Tip

  • If you transplant your bamboo money tree, plant it in a mixture of sand, mulch or other fiber, and a small amount of perlite (about 5 percent).

About the Author

 

Based in the American Southwest, Bridget Kelly has been writing about gardening and real estate since 2005. Her articles have appeared at Trulia.com, SFGate.com, GardenGuides.com, RE/MAX.com, MarketLeader.com, RealEstate.com, USAToday.com and in "Chicago Agent" magazine, to name a few. She holds a Bachelor of Arts in English with a concentration in creative writing.