Updated: January 28, 2023

Dollar plant (Crassula ovata), also known as jade plant or money tree, is a popular succulent that is easy to care for and can thrive indoors or outdoors. With its thick, fleshy leaves and woody stem, this plant is a perfect addition to any collection. However, like all plants, the dollar plant requires proper care to ensure its health and longevity. In this article, we will provide you with a comprehensive guide on how to care for your dollar plant.

Light

Dollar plants require bright, indirect light to thrive. Place them near a sunny window or under grow lights if you’re growing them indoors. If you notice that the leaves are turning yellow or brown, it may be a sign that they’re getting too much direct sunlight.

Watering

Overwatering is one of the biggest mistakes people make when caring for dollar plants. These succulents are adapted to survive in dry conditions, and they store water in their leaves. Therefore, they don’t need frequent watering. Allow the soil to dry out completely between watering sessions, and ensure that the pot has adequate drainage holes to prevent waterlogging.

Soil

Dollar plants prefer well-draining soil that is rich in nutrients. You can use a commercial cactus mix or create your own by mixing equal parts of sand, perlite, and peat moss. Avoid using heavy soils that retain moisture because they can cause root rot and other problems.

Temperature and Humidity

Dollar plants prefer warm temperatures ranging from 65°F to 75°F (18°C to 24°C). They can tolerate lower temperatures but not below 50°F (10°C). These plants also thrive in low humidity levels and do not require misting or extra humidity.

Fertilizer

Fertilizing your dollar plant is essential for its growth and health. You can use a balanced, water-soluble fertilizer once a month during the growing season (spring and summer). Avoid fertilizing during the dormant season (fall and winter) when the plant is not actively growing.

Pruning

Pruning is not necessary for dollar plants, but it can help to promote bushier growth and prevent legginess. You can pinch off the tips of the stems or remove any damaged or dead leaves to keep the plant looking neat and healthy.

Propagation

Dollar plants are easy to propagate from stem cuttings. Simply take a stem cutting of about 2-3 inches long, let it dry out for a day or two, and then plant it in well-draining soil. Keep the soil moist but not wet until the new plant establishes roots.

FAQ

Why are my dollar plant’s leaves falling off?

Dollar plants may drop their leaves due to overwatering, underwatering, or exposure to cold temperatures. Make sure you’re watering your plant properly and that it’s not placed in a drafty area.

Can I grow dollar plants outside?

Yes, dollar plants can be grown outdoors in warm climates. They prefer partial shade and well-draining soil.

Is it normal for my dollar plant to turn red?

Yes, some dollar plants turn red in response to stress, such as exposure to cold temperatures or too much sunlight. However, if the discoloration persists, it may be a sign of disease or pests.

In conclusion, caring for your dollar plant is relatively easy as long as you provide it with proper light, water, soil, and nutrients. By following these simple guidelines, you can ensure that your plant stays healthy and beautiful for years to come.