Updated: January 3, 2023

Dollar plants are an attractive and easy to care for houseplant that is perfect for novice gardeners. With the right care, they can bring a unique look to any home. In this article, we’ll discuss everything you need to know about dollar plant care, from what type of soil it prefers to how often you should water it.

Best Fertilizer for Dollar Plants

For optimal growth, dollar plants should be fertilized once a month during the growing season with a balanced water-soluble fertilizer. Avoid fertilizers with too high of a nitrogen content, as this can cause the leaves to become yellow. You can also use slow-release fertilizer every three months if you prefer.

Best Soil for Dollar Plants

Dollar plants prefer well-draining soil with a high organic content. A good combination is two parts peat moss and one part perlite or vermiculite. You can also mix in some compost or aged manure to provide extra nutrients.

Different Types of Dollar Plants

There are several varieties of dollar plants available, including the variegated type with white-and-green striped leaves, and the solid green type. Both types are equally easy to care for and will thrive in similar conditions.

What are some other names Dollar Plants?

Dollar plants are also known as money trees, jade plants, and lucky plants.

Growth Rate of Dollar Plants

Dollar plants grow slowly, so don’t expect them to reach their full size overnight. They typically reach 1-2 feet in height and width after several years of growth.

How Much Light Do Dollar Plants Need?

Dollar plants need bright, indirect sunlight for optimal growth. Place them near a window that gets plenty of bright light but not direct sunlight. If you don’t have such a window, you can use artificial lighting to supplement the natural light.

How Often to Water Dollar Plants

You should water your dollar plant once a week during the growing season and less often during winter when it is dormant. Allow the soil to dry out between waterings and avoid overwatering your plant as this can cause root rot.

How to Propagate Dollar Plants

You can propagate dollar plants by taking stem cuttings in spring or summer and planting them in moist potting soil. The cuttings should take root within 2-3 weeks.

How to Prune Dollar Plants

You should prune your dollar plant once a year in early spring or late winter to keep its shape and encourage new growth. Use sharp gardening scissors or shears to remove any dead or damaged leaves and stems.

Humidity Conditions for Dollar Plants

Dollar plants prefer higher humidity levels than average household humidity levels provide, so it’s best to place them in areas with higher humidity or use a humidifier if possible.

Ideal Pot Size for Dollar Plants

A pot that is 8-10 inches in diameter will be suitable for a mature dollar plant. When repotting, choose a pot that is no more than two inches larger than the current one.

Ideal Temperature Conditions for Dollar Plants

Dollar plants prefer temperatures between 65-75F (18-24C). They should not be exposed to temperatures below 50F (10C).

Main Uses of Dollar Plants

Dollar plants make excellent houseplants that can help purify the air in your home and add an interesting aesthetic touch with their unique foliage. They are also often used as bonsai trees due to their slow growth rate and ease of care.

Repotting Tips for Dollar Plants

Repotting your dollar plant every few years will help ensure it has enough room to grow properly. Use fresh potting soil each time you repot and choose a pot that is only slightly larger than the current one.

Frequently Asked Questions

Are Dollar Plants Edible?

No, dollar plants are not edible and should not be consumed as they may cause stomach upset or other adverse reactions if ingested.

Are Dollar Plants Toxic to Cats and Dogs?

Yes, all parts of the dollar plant are toxic to cats and dogs if ingested, so it’s best to keep them away from pets if possible.

Do Dollar Plants Prefer To Grow Indoors Or Outside?

Although dollar plants can tolerate some light frost, they prefer warm temperatures and should be grown indoors in most climates.

Are Dollar Plants Poisonous?

Yes, all parts of the dollar plant are poisonous if ingested and may cause nausea, vomiting, and diarrhea if consumed in large quantities.