How to Care for a Money Tree
To avoid root rot, a money tree needs a sandy, peat-moss-based soil and a pot with good drainage. Although it likes humidity in general, you should let its soil dry out between watering. A good schedule for most environments is to water when the top 2-4 inches of soil are dry. Water thoroughly, until water flows out the drainage holes of the pot, and pour out the excess from the tray so that the roots don’t sit in water.
During the growing season, fertilize once a month with a liquid plant food at half strength, but skip fertilizer in the winter.
How to Propagate
With clean pruning shears, cut off the tip of a stem with at least two leaf nodes. Dip the cut end in hormone rooting powder, and place in a standard potting mix. Keep the soil moist with regular misting until the cutting roots, in approximately 4 weeks.
Overwatering and too much sunlight are the most common causes of problems with money plants, though they can also suffer from scale insects, mealybugs, and aphids. Bugs can be treated with a systemic insect control, or horticultural oil spray.