Money trees, known scientifically as Pachira aquatica, are popular houseplants celebrated for their beautiful braided trunks and vibrant green leaves.
They are often associated with good luck and prosperity, making them a favorite among indoor gardeners.
While money trees are relatively easy to care for, they can still be prone to certain mistakes that may affect their health and growth.
In this article, we’ll explore eight common money tree growing mistakes and how you can avoid them.
By learning from these errors, you can ensure your money tree thrives and continues to bring you joy.
Let’s get started!
1. Overwatering Your Money Tree
One of the most common mistakes people make when growing a money tree is overwatering.
Money trees thrive in well-draining soil and prefer to dry out between waterings.
If you water too frequently, the roots can become waterlogged, leading to root rot.
To avoid this, always check the soil moisture before watering.
Stick your finger about an inch into the soil; if it feels dry, it’s time to water.
When you do water, ensure you thoroughly soak the soil, allowing excess water to drain out of the pot.
During the winter months, when the plant’s growth slows down, you can reduce the frequency of watering even further.
Finding the right balance with watering will keep your money tree healthy and happy.
2. Choosing the Wrong Pot
The pot you choose can significantly impact the growth of your money tree.
Selecting a pot without drainage holes can lead to serious issues with water retention.
Money trees need pots that allow excess water to escape, preventing the roots from sitting in water.
When choosing a pot, opt for one made of materials like terracotta or ceramic, which offer good airflow.
If you want a decorative option, make sure it has drainage holes or use it as a cachepot with a plastic pot inside.
Additionally, choose a pot that is slightly larger than the current root ball to give the plant room to grow.
By selecting the right pot, you’ll create a suitable environment for your money tree to thrive.
3. Ignoring Light Requirements
Money trees love bright, indirect light, but many gardeners make the mistake of placing them in too much direct sunlight.
While they can tolerate some direct light, excessive exposure can scorch the leaves and cause them to turn yellow or brown.
On the other hand, insufficient light can lead to leggy growth and fewer leaves.
To find the perfect spot for your money tree, place it near a window with filtered light, or a few feet away from a bright window.
If you notice your plant leaning towards the light, it may need to be rotated or moved to a brighter location.
By ensuring your money tree gets the right amount of light, you’ll encourage healthy growth and vibrant foliage.
4. Using Poor Quality Soil
The quality of the soil you use for your money tree is crucial for its overall health.
Using poor quality or compacted soil can lead to drainage issues and limit the plant’s growth.
Money trees prefer a well-draining potting mix that retains some moisture but does not become soggy.
Look for a mix formulated for houseplants or create your own by combining regular potting soil with perlite or sand.
This will help improve drainage and aeration, creating a suitable environment for the roots.
Avoid using heavy garden soil, as it can suffocate the roots and lead to poor growth.
By starting with quality soil, you’ll give your money tree the best chance to thrive.
5. Neglecting Fertilization
While money trees don’t require a lot of fertilizer, they still benefit from regular feeding.
Many gardeners make the mistake of neglecting this important aspect of care.
During the growing season, typically spring and summer, you can fertilize your money tree every 4-6 weeks with a balanced, water-soluble fertilizer.
Look for a fertilizer with an NPK ratio of around 10-10-10 or similar.
Be cautious not to over-fertilize, as too much fertilizer can damage the plant and lead to salt buildup in the soil.
In the fall and winter, you can reduce or stop fertilizing, as the plant enters a dormant phase.
By providing the right nutrients, you’ll support strong growth and keep your money tree healthy.
6. Failing to Prune
Pruning is an important part of maintaining the health and appearance of your money tree.
While these plants can grow tall and leggy, regular pruning encourages bushier growth and helps maintain a pleasing shape.
You can start pruning your money tree once it has established and is a few feet tall.
To prune, use clean, sharp scissors to cut back any long or leggy stems, encouraging new growth.
Remove any dead or yellowing leaves as well, as this helps improve air circulation and reduces the risk of disease.
Regularly pruning your money tree will keep it looking tidy and vibrant.
7. Ignoring Pest Management
Even though money trees are relatively pest-resistant, they can still be affected by common pests like spider mites and mealybugs.
A common mistake is ignoring signs of infestation until it’s too late.
Regularly inspect your money tree for any signs of pests, such as discolored leaves, webbing, or sticky residue.
If you notice any pests, take action immediately.
You can use insecticidal soap, neem oil, or a gentle solution of water and dish soap to treat infestations.
Make sure to follow the product instructions carefully for safe and effective use.
Keeping a close eye on your plant and addressing any pest issues early will help you maintain a healthy money tree.
8. Not Rotating the Plant
Rotating your money tree is a simple yet effective way to ensure balanced growth.
Like many houseplants, money trees can lean toward the light source if not rotated regularly.
Failing to rotate your plant can lead to uneven growth and a lopsided appearance.
To prevent this, make it a habit to rotate your money tree every few weeks.
This will allow all sides of the plant to receive equal light exposure, promoting even growth.
A little attention to rotation can go a long way in keeping your money tree looking full and healthy.
Final Thoughts
Growing a money tree can be a rewarding and enjoyable experience.
By avoiding these common mistakes, you’ll be well on your way to cultivating a healthy, thriving plant.
From selecting the right pot and soil to understanding their light and watering needs, each step is crucial for success.
With a little attention and care, you can enjoy the beauty and benefits of a flourishing money tree in your home.
So grab your gardening tools and get ready to embrace the joy of growing money trees!
Happy gardening, and may your money tree flourish beautifully!