Money plant is easy to grow as houseplants. Pachira aquatica is known by a large number of common names including water chestnut, Guiana chestnut, and Malabar chestnut. Also, it is often commercially sold as a houseplant or bonsai under the name of money tree or money plant. It is a traditional symbol of good luck and good fortune. Pachira aquatica houseplants typically grow to 6-8′ tall. Each palmately compound leaf has 5-9 inches, elliptic to lance-shaped, shiny green leaflets. Large, greenish to yellowish-white flowers feature five long cream-colored petals surrounding 200-250 tightly-packed, red-tipped stamens. Bushy stamens have a shaving-brush like an appearance. Flowers bloom for one day and are fragrant at night. Fruit is a heavy, woody, brown capsule that bursts when mature to release edible nuts (seeds) which may be eaten raw or roasted or ground into flour.
Scientific Name: Pachira aquatica
Common Name: Malabar chestnut, French peanut, Guiana chestnut, provision tree, saba nut, monguba, pumpo, money tree and money plant.
How to grow and maintain Money plant:
A Money plant grows best in medium to bright indirect light. Direct sunlight can scorch its leaves. It thrives under fluorescent light, making this small tree a perfect houseplant.
Utilize a peat moss-based potting mix with perlite or sand added for good drainage.
Money plant requires room temperatures from 65-75ºF (18-24ºC) are suitable, and no lower than 50ºF (10ºC).
Water a money plant well and then allow the top 1″- 2″ of soil to dry out before watering again. A Money plant requires less water during the winter months. Be sure to use a container with bottom drip holes to prevent overwatering and root rot in a Money Tree Plant.
Pachira aquatica does not require a lot of fertilizing. Doing it once in the Spring and afterward again once in the Fall with a Time Released Bonsai Fertilizer is sufficient.
Propagate by seeds or stem tips. Take stem tip cuttings in spring, with at least 2 leaf nodes attached. Dip the cut end in rooting hormone powder then place it in a moist potting mix. Be patient, it can take several weeks to root.
You can prune the money tree down to the size you find suitable if the foliage becomes overgrown. Leave half an inch of stem above a node and petiole with a leaf attached when cutting a stem.
Pests and Diseases:
No serious insect or disease problems. If the houseplant pests Mealy Bugs or scale appear, use the green solution at 1/2 the recommended strength.