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How to Grow Moneywort Plant Outdoors

Updated: July 17, 2023

Moneywort, also known by its scientific name Lysimachia nummularia, is a versatile and attractive plant that can be grown outdoors. With its vibrant green leaves and trailing growth habit, moneywort adds a touch of natural beauty to any garden or landscape. In addition to its aesthetic appeal, this plant is also incredibly easy to care for, making it an excellent choice for both novice and experienced gardeners. If you’re interested in growing moneywort outdoors, here are some useful tips and guidelines to get you started.

Choosing the Right Location

Before you start planting moneywort, it’s important to select the right location in your garden. Moneywort thrives in partial shade or full sun, but it prefers a slightly shaded spot during the hottest part of the day. This plant can tolerate a wide range of soil conditions, but it does best in fertile, well-draining soil. Take some time to observe your garden and identify an area that meets these requirements.

Planting Moneywort

Once you’ve chosen the perfect location for your moneywort plant, it’s time to start planting. Follow these steps for successful planting:

  1. Prepare the soil: Remove any weeds or debris from the planting area. Loosen the soil with a garden fork or tiller to ensure good drainage. If the soil is heavy clay or compacted, consider adding organic matter such as compost or peat moss to improve its texture.

  2. Dig a hole: Dig a hole that is slightly larger than the root ball of your moneywort plant. The hole should be deep enough so that the top of the root ball is level with or slightly above the ground.

  3. Place the plant: Gently place the moneywort plant into the hole, making sure that the roots are spread out evenly.

  4. Backfill: Fill in the hole with soil, firming it gently around the plant. Water the newly planted moneywort thoroughly to settle the soil.

  5. Mulch: Apply a layer of organic mulch, such as wood chips or straw, around the base of the plant. This will help conserve moisture, suppress weeds, and regulate soil temperature.

Watering and Maintenance

Moneywort is a relatively low-maintenance plant, but it still requires regular watering and some basic care to thrive. Here are some guidelines to keep in mind:

  • Watering: Keep the soil consistently moist, especially during hot and dry periods. Water deeply and allow the soil to dry slightly between waterings. Avoid overwatering, as this can lead to root rot.

  • Fertilizing: Moneywort doesn’t require heavy feeding, but you can apply a slow-release fertilizer once a year in early spring to promote healthy growth. Follow the manufacturer’s instructions for application rates.

  • Pruning: Moneywort has a trailing growth habit, which means it can spread rapidly if left unchecked. Regular pruning will help control its growth and keep it looking neat and tidy. Trim back any overgrown or leggy stems to encourage bushier growth.

  • Pests and Diseases: Moneywort is generally resistant to pests and diseases. However, keep an eye out for common garden pests like aphids or snails, and take appropriate measures if an infestation occurs.

Propagation

Moneywort can be easily propagated through stem cuttings or by dividing established plants. Here’s how you can propagate moneywort:

  1. Stem cuttings: Take a 3-4 inch cutting from a healthy moneywort plant just below a leaf node. Remove the lower leaves from the cutting and dip the cut end in rooting hormone powder. Plant the cutting in a pot filled with well-draining soil and keep it in a warm, bright location. Mist the cutting regularly to maintain humidity until roots develop.

  2. Dividing: Dig up an established moneywort plant and carefully separate the clumps into smaller sections. Replant the divided sections in new locations or containers.

Uses for Moneywort

Moneywort is not only a beautiful addition to your garden but also has several practical uses. Here are some creative ways to utilize moneywort:

  • Groundcover: Due to its trailing growth habit, moneywort is an excellent groundcover option. It can quickly fill in empty spaces and prevent weed growth.

  • Hanging baskets: Moneywort’s cascading foliage makes it a perfect choice for hanging baskets or window boxes. Its bright green leaves will add a pop of color and visual interest to any outdoor space.

  • Erosion control: Planting moneywort on slopes or areas prone to erosion can help stabilize the soil and prevent erosion.

  • Water features: Moneywort can be planted along the edges of ponds, streams, or water gardens, adding a lush and natural look to the water feature.

In conclusion, growing moneywort outdoors is a rewarding experience that can enhance the beauty of your garden or landscape. By choosing the right location, following proper planting techniques, and providing adequate care, you can enjoy the vibrant green leaves and trailing growth of this versatile plant. Whether used as groundcover, in hanging baskets, or for erosion control, moneywort is sure to bring a touch of natural beauty to any outdoor space.