The money tree plant – Pachira aquatica – is a popular tropical novelty plant that many people find easy to grow indoors in indirect sunlight.
Like lucky bamboo, the indoor workhorse Dracaena deremensis ‘Janet Crag’ and other indoor plants, the money plant tree Pachira does well in indirect light and they’re hard to kill.
How big do money trees get?
A member of the Bombax family, the money tree plant originates from South America, where it can reach heights of over 50 feet.
As an indoor plant, it is much smaller and its shiny bright 5-spoke like green leaves make it an attractive potted specimen as a gift and bonsai.
Here are some great tips about money tree plant care and general how to care for a money tree tips.
How Much Sun Does A Money Tree Need?
When money trees are grown outdoors, the “good luck” or “good fortune tree” thrives in full sun but also does well in partial shade.
Pachira aquatica plants growing indoors do best when placed in locations with lots of bright light.
As a side note, for those growing the “money tree” indoors and want to follow proper Fengshui, place plants in the south-east living area.
How Often To Water Money Tree & Fertilize
So, how often do you water a money tree?
Water the money tree plants thoroughly, allow the water runs out the drainage holes making sure the entire ball of soil has been saturated.
But, make sure the money plant does not sit in water and allow the soil to dry out between watering cycles. Let the soil dry out before watering again. During winter months, growth will slow down, so reduce watering during this time.
Fertilize the money tree plant during the growing season (spring & summer) at half-strength using a balanced liquid fertilizer or water-soluble fertilizer. Do not apply it during winter.
Nurseries often braid money tree plants (i.e. the braided money tree), allowing them to appear more “bonsai plant-like” having twisted, gnarly trunks.
This bonsai tree look can be enhanced by growing the Pachira money tree plant in a small bonsai pot.
Regular pruning and pinching along with the small pot will help keep the braided trunks or plants from growing big.
Repotting money tree plants with clean peat mixture helps ensure a healthy growth and long life. However, do not move them a lot as they will respond by dropping their leaves. Remove dead plant materials from the soil.