Your guide to money tree care & maintenance

Last Updated on January 18, 2021 by cmoarz

A picture of a indoor money tree inside someones home

At PrettyFrugal, We know money doesn’t grow on trees, And That holds true for this next plant we wish to discuss. Although, Just because money may not grow directly off a tree it can certainly bring good luck and fortune to have a money tree. Find out why below!

Welcome to this full money tree plant care instructions guide! You will learn all about money tree plant care instructions, money tree plant problems you may run into, and plant placement for optimal growth.

And more!

I hope you enjoy the guide, And as always, You can skip to the sections you wish to read with the links above. If you have any issues, suggestions, Or you just want to send positive vibes, please feel free to comment below!

Where to place my money tree to keep it healthy and strong?

You just got a money tree as a gift, Or your thinking about growing one, this is the right place for you. Read our money tree plant care instructions below!

One of the questions you might have asked is where should I place my money tree?

The practical answer: Money trees don’t need a lot of sun. In fact, will the plant will burn and turn brown easily if placed in direct sunlight. So you should avoid placing it directly in front of a window or anything that gets full sun.

The mythic answer: See below for the spiritual placement of a money tree in your home for maximum good luck and money flow.

Pruning your money tree

Money trees must be pruned if you intend to keep them indoors. They will grow up to 7 feet (2.13 m) indoors and 30 feet (9.14 m) tall outdoors.

The recommended height to keep your tree is of course personal preference. Most people keep them a couple of feet tall and pruned down, Much like a bonsai tree.

Pruning is best done in the winter months when the tree has gone dormant for the season. You should prune it all at once. New growth often starts where the prune cuts created. Be mindful of the angle in which you cute. Aim for 45 degrees in the direction where you would want the plant to grow.

Just about anywhere you cut, new growth will form. So keep that in mind. Keep your cuts at 45 degrees.

Watering a money tree plant

Money trees happen to be one of my favorite types of plants in terms of watering habits. You can be lazy or too busy and these plants will do perfectly fine with infrequent watering.

In fact, You should let the plant’s soil completely dry out before watering in thoroughly. This should be around once a week, Although for the super busy, your plant can go a lot longer without much fuss. Especially in winter. Try not to over-water.

What are some of the money tree plant problems I might face?

If you run into money tree plant problems, these are the most common causes you should look into first.

Overwatering your money tree: Money trees aren’t like most other plants. Truly they are the plant for the businessman/businesswoman on the go. They require so little water that watering them twice a week is just too much.

More often than not this is down to habit and being too cautious, or lack of experience dealing with these sorts of plants. To fix this simply allow it to dry out and continue on a normal more appropriate schedule of once a week.

Too much sunlight: The money tree is very sensitive to sunlight, and it doesn’t take much to start burning her leaves. To remedy this, place her in a different spot of your house. It should be away from direct sunlight, but somewhere that still gets a good portion of light.

Bugs: Such bugs such as mealybugs, aphids and other regular garden visitors can cause your money plant problems. But they are easy enough to deal with normal insect control measures or natural insect control like horticultural oil spray.

A brief list of superstitions and history surrounding the Money Tree

A photo of a money tree plant that has been recently pruned.

While not all of us are superstitious, It’s always fun to think that maybe there really is something to it all. Who knows, Maybe you will decide to get a money tree for yourself and try out it’s luck! I should also like to mention money trees make great gifts.

Money Tree’s are considered lucky

It started with a story:

A man who was down on his luck prayed for prosperity, and soon discovered the money tree and took it home. He soon realized that from its seeds he could cultivate many more trees. He made a business selling these beautiful trees to others and made his fortune._

But it turned into a legend. In many parts of Asian culture, the money tree is considered lucky today. You will find a good portion of people have one in their home. From businessmen to the local grocer, luck, health and wealth are all something they wish for.

It is said the unique way the trunks are braided upwards captures and holds onto opportunity. As some translations would put it, Capture fortune within it’s folds.

Money tree’s usher in positive energy to the household

It’s said that the money tree creates an immense positive energy in the home when it comes to the practice of feng shui. It provides a wonderful natural balance from the natural world.

Where to place a money tree for optimal energy flow?

This is a fun question because I didn’t know the answer. I had to go out and research the practice of feng shui in order to find out the ideal locations for my readers. I’m happy to report back that I was successful and I learned a lot as well. Here’s what I’ve learned:

Keeping your plant in the north entrance:

The north entrance to your home is considered a good spot to place your plant. It can go over the entrance or next to it. A common belief by placing the plant in these spots it will bring new sources of wealth and attract additional income into your life. You just need to remember to take those newly discovered opportunities that are presented to you.

South East direction (from the entrance of the room):

According to feng shui, money trees should face the south-east direction. This is known as the Bagua area which happens to be connected to abundance and financial stability in your life. Fun fact, it’s said this is where most people also should keep their mad stacks of cash (if we had such things of course!).

Keep away from the color red:

The reason being is it’s believed placing your money tree near anything red will take away its effects.

Stems with 7 leaves are considered extra lucky

The typical money tree has 5 or 6 leaves per stem. Once in a while, you get one that has 7. It’s considered a sign of fortune and luck. If you see this happen, it’s of absolute important you do something that will obtain profit in order to take advantage of that luck. Make an investment, Buy a lotto ticket, hit the horse track, Throw a quarter in a slot machine etc.

Where to buy a money tree

Weather your deciding to buy a tree for yourself, Or as a gift for a friend, there are several options available to you.

My recommended method of course is to follow my Amazon affiliate link here. When you shop on Amazon you save on shipping costs and other markups that are common at other retailers.

You can also buy money trees at your local gardening store or Home Depot.

If you happen to be a grower, You can also get seeds or cuttings. This will allow you to get some of your own love and personality into the plants.