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How to Take Care of a Money Tree

The Chorisia speciosa, or money tree, is native to sub-tropical and tropical climates. Money trees can survive outside in zones 9B through 11. If you are growing one in other climate zones, your tree will be a potted indoor plant. Although some money trees are popular bonsai trees, most are braided trunk trees that can grow to 10 feet tall.

Place your money tree either in good direct sun or in bright indirect sunlight. Money trees require a lot of light to thrive.

Water your tree whenever the top 1/4 inch of soil feels dry. Although money trees are drought tolerant, they do better with adequate water in soil that drains well.

Fertilize your money tree with a balanced fertilizer. The frequency and amount will vary, depending on the type of fertilizer. Follow the instructions printed on the package. Potted money trees do well with regular fertilization.

Prune the tree to prevent side shoots and branches as desired. Remember that a braided trunk money tree is, in fact, several trees growing together. As you prune, try to balance your pruning across all of the trunks to avoid stressing one trunk more than other trunks.

Remove your tree from its pot every two years and prune one-third to one-half of the roots to prevent the tree from becoming root-bound.

Care Instructions For A Money Tree Plant

The money tree, also known as Malabar chestnut, is an easy-to-grow plant commonly used in feng shui to produce positive vibrations and attract prosperity to the owner. It produces small, brown nuts that have a flavor similar to peanuts. Plant the money tree in rich soil with good drainage. Money tree plants will need to be repotted in a larger pot every two years. They prefer to be planted in areas with minimal sunlight. At the top of these trunks are branches that extend upward. Branches that grow from the top of the tree that disrupt the braid must be removed to continue.

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