Money tree care is a plant that people use for good luck. The plant is native to South America and is a member of the lilotrichum family. The leaves of the money tree are used in folk medicine to treat a number of ailments. The tree is also used as an ornamental plant.
Related plant:
Chinese Money Tree
About soil condition, a money tree needs well-drained, sandy soil to grow properly. The tree will not tolerate waterlogged conditions and will quickly succumb to root rot if the roots are left sitting in water. If you are growing your tree in a pot, make sure that the pot has drainage holes to allow excess water to escape. money trees are not particular about soil pH and will grow in either acidic or alkaline soils.
Not too different with other succulents, money trees need bright light to survivebut not direct sunlight, which can scorch their leaves. If your money tree is looking a little pale or leggy, it may be getting too little light. Move it gradually to a sunnier spot and see if it perks up.
The temperature condition is perfect for the money tree. It should be placed in an area where it will receive indirect sunlight. The tree prefers warm temperatures and will not do well in an environment that is too cold. Money trees thrive in temperatures between 65 and 80 degrees Fahrenheit.
Ideal humidity condition for this plant is between 40 to 50%. If the humidity is too high, the leaves of the plant will start to yellow and drop off. If the humidity is too low, the leaves will become dry and brittle.
About fertilizer, usually the plant doesn't need too much. You can actually burn the roots of your money tree if you over fertilize. It's best to start with a very diluted solution and only fertilize every few months. When it comes to the roots, they are very robust and can handle a lot of abuse. However, if you're constantly moving your money tree around, the roots can become damaged and the plant will become unhealthy.
Pruning your money tree will ensure that it remains healthy and attractive. You should prune away any dead or dying leaves, as well as any leaves that are damaged or diseased. You can also trim back any branches that are growing too long or out of control. When pruning, be sure to use sharp, clean pruning shears to avoid damaging the tree.
Propagation is the process of creating new plants from existing ones. Money trees can be propagated from seed, cuttings, or division. Seed propagation is the most common method of propagating money trees. To propagate from seed, plant the seeds in a sterile potting mix and keep them moist. Cuttings can be taken from an existing money tree and rooted in a sterile potting mix. To propagate by division, simply divide the roots of an existing money tree and replant in separate pots.
Usually, the plant growth rate is about 6 inches per year. The tree does best in bright, indirect light but can also tolerate low light conditions. Water the tree when the topsoil is dry to the touch and make sure the tree has good drainage. You can fertilize the tree every few months with a liquid fertilizer. Prune the tree as needed to keep it looking its best.
Common problems for this kind of plant are leaf drop and yellowing leaves. These problems are usually caused by too little light, too much water, or pests. To prevent leaf drop, keep your money tree in a bright spot and water it when the soil is dry. To prevent yellowing leaves, fertilize your tree every two weeks during the growing season. If pests are a problem, sprayed the tree with an insecticide.
Source:
Money Plant | Home & Garden Information Center - Clemson
Mulching Landscape Trees - Penn State Extension
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