Money plant producing cotton like material

My money plant is producing a white cotton like stuff on its leaves, what's been causing this and how can I help it to recover?

Hi

You have mealy bug, and the "gel' is honey dew secreted by the insect as it sucks the juices out of your plant. Use some insecticidal soap or horticulture oil, mix it in a spray bottle and spray your plant once a week for 3-4 weeks or untill the problem is gone, and your pachira should be looking good in no time.

Found this on a gardening site for you, looks like you aren't the first person with this problem