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How to Grow Good Luck Plant Indoors

Updated: July 31, 2022

If you’re looking for a low-maintenance houseplant that will bring good fortune and positive energy into your home, look no further than the good luck plant. Also known as the money tree, this plant is believed to bring wealth and prosperity to its owner, making it a popular choice for those who want to improve their luck and feng shui.

In this article, we’ll guide you through everything you need to know about growing and caring for a good luck plant indoors.

Choosing the Right Pot and Soil

When it comes to choosing a pot for your good luck plant, it’s important to choose one that has good drainage. This will prevent water from sitting in the soil and causing root rot. A pot with a drainage hole or a layer of rocks at the bottom of the pot can help facilitate drainage.

As for soil, a well-draining soil mix that contains peat moss, perlite, and vermiculite is ideal for good luck plants. Avoid using heavy soils that retain water, as this can lead to root rot.

Watering and Fertilizing

Good luck plants prefer moist but not soggy soil. Water your plant when the top inch of soil feels dry to the touch. Be sure not to overwater, as this can lead to root rot. In addition, avoid getting water on the leaves, as this can cause leaf spotting.

As for fertilizing, you can use a balanced fertilizer once a month during the growing season (spring and summer). Be sure to follow the instructions on the fertilizer package carefully to avoid over-fertilization.

Light and Temperature

Good luck plants prefer bright, indirect light. Direct sunlight can scorch their leaves, so it’s best to place them near a window that gets plenty of bright, filtered light. If your plant starts to lean towards the light source, rotate it every few weeks to encourage even growth.

As for temperature, good luck plants prefer temperatures between 60-75°F (15-24°C). They are sensitive to cold drafts, so be sure to keep them away from windows or doors that may let in cold air.

Pruning and Propagation

Pruning your good luck plant can help promote bushier growth and prevent it from becoming too tall and lanky. To prune, simply use clean, sharp scissors to cut back any leggy stems or leaves.

Propagation is also easy with good luck plants. You can propagate them by taking stem cuttings and rooting them in water or well-draining soil. Simply cut a stem that has at least two leaves and place it in water or soil. Keep the soil moist or change the water every few days until roots start to form.

Common Issues

Good luck plants are generally low-maintenance and hardy, but they can still experience a few common issues. Here are some of the most common problems you may encounter:

  • Yellowing leaves: This can be a sign of overwatering or underwatering. Adjust your watering schedule accordingly.
  • Brown leaf tips: This can be a sign of low humidity. Mist your plant regularly or place a humidifier nearby.
  • Pests: Good luck plants can attract spider mites, mealybugs, and scale insects. Use insecticidal soap or neem oil to treat infestations.

FAQ

Do I need to fertilize my good luck plant?

Yes, you can fertilize your good luck plant once a month during the growing season (spring and summer).

How often should I water my good luck plant?

Water your good luck plant when the top inch of soil feels dry to the touch. Be sure not to overwater, as this can lead to root rot.

Can I propagate my good luck plant?

Yes, you can propagate your good luck plant by taking stem cuttings and rooting them in water or soil.

Why are the leaves on my good luck plant turning yellow?

Yellowing leaves can be a sign of overwatering or underwatering. Adjust your watering schedule accordingly.

In conclusion, growing a good luck plant indoors is a great way to bring positive energy and prosperity into your home. With minimal care and attention, this low-maintenance houseplant can thrive and bring you good fortune for years to come.