Updated: July 20, 2023

The Money Tree plant, scientifically known as Pachira aquatica, is a popular indoor plant that is believed to bring good luck and fortune. However, with the right conditions and care, it is also possible to grow the Money Tree plant outdoors. In this article, we will discuss the steps and techniques to successfully grow a Money Tree plant in your outdoor garden.

Choosing the Right Location

Before you start planting your Money Tree plant outdoors, it is important to choose the right location. The Money Tree plant thrives in bright but indirect sunlight, so look for a spot in your garden that receives partial shade throughout the day. Direct sunlight can scorch its leaves, so it is crucial to provide it with some shade.

Additionally, ensure that the location you choose has well-draining soil. Money Tree plants prefer moist soil but do not tolerate waterlogged conditions. If your soil tends to retain water, consider adding organic matter or sand to improve drainage.

Planting the Money Tree Plant

Once you have identified the ideal location, it’s time to plant your Money Tree. Follow these steps for successful planting:

Step 1: Prepare the Planting Hole

Dig a hole in the ground that is wide and deep enough to accommodate the root ball of your Money Tree plant. Make sure the hole is slightly larger than the container it came in.

Step 2: Remove the Plant from its Container

Gently remove the Money Tree plant from its container by turning it upside down while supporting the base of the stem with your hand. Tap or squeeze the container if needed to loosen the root ball.

Step 3: Place the Plant in the Hole

Carefully place the plant into the prepared hole, ensuring that it sits at the same level it was growing in its container. Backfill the hole with soil, firming it gently around the roots. Avoid compacting the soil too much, as it may hinder water and nutrient absorption.

Step 4: Water the Plant

After planting, give your Money Tree plant a good watering to settle the soil around the roots. Ensure that the soil is moist but not waterlogged. Maintain a regular watering schedule to keep the soil consistently moist, especially during hot and dry periods.

Caring for the Money Tree Plant Outdoors

Now that your Money Tree plant is in the ground, it is important to provide it with proper care to ensure its growth and well-being. Here are some essential care tips:

Watering

As mentioned earlier, consistent moisture is vital for Money Tree plants. However, overwatering can lead to root rot and other issues. Water your Money Tree plant deeply and thoroughly, allowing the top inch of soil to dry out before watering again. Adjust the frequency of watering based on environmental conditions and the moisture level of the soil.

Fertilizing

Money Tree plants benefit from regular fertilization. Use a well-balanced, water-soluble fertilizer once a month during the growing season (spring and summer). Follow the instructions on the fertilizer packaging for application rates and methods. Avoid over-fertilizing, as it can lead to fertilizer burn and damage the plant.

Pruning

Pruning is an essential part of maintaining the shape and health of your Money Tree plant. Remove any dead or damaged leaves or branches as soon as you notice them. Additionally, you can prune back leggy growth to encourage bushier growth. Use clean and sharp pruning shears to make clean cuts.

Protecting from Frost

Money Tree plants are tropical plants and can be sensitive to cold temperatures. If you live in an area with frost or freezing temperatures, it is advisable to protect your Money Tree plant during winter months. Cover it with a frost cloth or move it indoors temporarily until the cold spell passes.

Pests and Diseases

Money Tree plants are generally resilient against pests and diseases. However, they can occasionally be affected by mealybugs, spider mites, or scale insects. Regularly inspect your plant for any signs of infestation, such as webs, sticky residue, or distorted leaves. If you notice any pests, treat them with neem oil or insecticidal soap according to the manufacturer’s instructions.

Final Thoughts

Growing a Money Tree plant outdoors can be a rewarding experience. With proper care and the right conditions, your Money Tree plant can thrive and bring beauty to your garden. Remember to choose an appropriate location, provide adequate water and nutrients, and protect it from extreme weather conditions. Happy gardening!