We have a money tree that we saved from my Mom's funeral in April of 2006. We put in a bigger pot because it is nearly 5 ft tall including the highest leaves. It did really well until
this winter. Since before Christmas it started to lose leaves and now drops 5 to 10 leaves a
day and if you touch itmany more leaves fall It is starting to look very barren. Thanks for any help you can give.. Gene from Kentucky
A money tree, or Pachira aquatica, is the indoor version of the Malabar chestnut tree. In the wild, this tree can grow to heights of 60 feet. As landscape plants, they usually remain around 15 feet, according to the California Rare Fruit Growers Inc. When potted, grow as high as 7 feet. The potted plants are most often referred to as money trees.
Check the environment. Make sure the plant is protected from hot, drying winds.
Test the soil moisture. These trees prefer soil that is continually moist. Wrinkled leaves indicate a lack of water. Water potted money trees once a week, but do not let the soil get overly wet, as this may lead to root rot.
Examine the leaves. Many houseplants, including money trees, suffer from insect pests such as spider mites and mealybugs, according to the California Rare Fruit Growers Inc.
Look at the light at the plant's location. Place your money tree where it is exposed to several hours of bright, but indirect, sunlight.
Give your money tree some food. Fertilize it with a light, water-soluble fertilizer with equal amounts of nitrogen, phosphorus and potassium once a month during its growing time – spring through summer.
Gene the most common problem with money trees is root /trunk rot. IF this is your problem it is simple to fix, but only time will tell if your plant will recover or not. if this is the problem you are having the only way to get rid of it is to completly dry out your plant (don't worry money tree do VERY well with out watter, infact they prefer to be under wattered then over watered) First check your soil dinsity, its a good idea to airate it just incase. Gently stir the soil using anything you have handy that is long and thin (a bic pin for example will work wonders , just gently "stab" the soil with the pin untill it is all loose) once done let your soil dry completly, then wait one to two days lonager, if your trunk is squshy (very coman resolt from root/trunk rot) don't water untill it is firm..and if it has been squishy, once firm you may again want to wait another day or two to be safe. Only water your money tree when the soil on top aswell as 1- 2 inches deep is COMPLETLY dry.
I hope this helps, and good luck with your Money tree
I'm not an expert when it comes to plants, but usually the correct sunlight and water amounts will allow it to either flourish or wither.
Pachira (Money Tree) needs plenty of light, however avoid direct sunlight. Increase humidity by spraying the plant with water once a week or place the pot on top of a wet pebble tray.
(If your tree has been suffering since before Christmas, the lack of sunlight may be an issue...these trees originate from the South American wetlands, so they are used to sunny, humid weather).
It’s soil should be light and should contain some sand to ensure adequate drainage. Do not let the pot sit on water and always empty excess water from the pot tray.
More information: http://www.valentine.gr/pachira_en.htm
I just did a dramatic rescue of a Pachira/Money Tree from my next door apt dwellers. This plant was rot rotted completely, and the trunk was swollen with impedding doom!
I don't know if I've found it soon enough to help, but here is what I did...
1.pulled the plant completely out of the soil and let it sit out side and air dry for a day or so.
2.pulled off all the dead and dying leaves, and trimmed the trunk back about a 1/2 inch or so.
3. Put the plant back in the soil.
4. came here looking for help too!
I'm hoping there is some luck left in that plant. My money needs luck for 2008!!
Peace and Feng Shui,