In its native habitat, a money tree plant can grow up to 60 feet tall. An indoor money tree sticks to a more manageable 6 to 8 feet, which means you’ll need to repot it a few times to keep it healthy.
According to lore, money tree plants are thought to bring good luck and prosperity to their owners. They’re also popular with practitioners of feng shui because they typically sprout five leaves on each stem (five is an important number in feng shui).
To keep that luck alive, here are a few tips about when and how to repot a money tree.
When to repot a money tree plant
The best time to repot a money tree plant is in the spring and summer, but they only need to be repotted every two to three years. Money trees prefer copious amounts of bright, indirect light, but they can thrive in shadier rooms, too. Just be sure to rotate your plant when you water it to make sure all sides receive equal sunlight.
Money trees only need about two ice cubes or three tablespoons of water each week. If you notice your soil drying out fairly quickly, it’s time to repot.
How to repot a money tree plant
Money trees are easy to grow when they have the right conditions to thrive, meaning a bigger pot, the right potting soil and lots of nutrients.
To repot a money tree, choose a pot that is only slightly bigger than your root ball, and make sure it has proper drainage holes. When your pot is too big, it will allow the plant to hold onto more water than it needs, which leads to root rot. If your pot doesn’t have holes, place some charcoal at the bottom of the pot to allow for drainage.
Choose a potting mix containing peat, pine bark and vermiculite or perlite works. You can also make your own by mixing equal parts peat moss, perlite and coarse (or builder's) sand. Fertilize once per month in the spring and summer when the tree is growing. There’s no need to fertilize in the winter.
Carefully remove your tree from the pot, gently untangle any roots, and cut away any mushy roots with a sharp knife. Pour enough potting mix into the pot so that your root ball is 1 inch below the rim. Place the tree on top of the mix and fill in any remaining holes.
Lastly, water the tree until it drains from the bottom of the pot.