Can I Plant a Money Tree Outside?

The idea of a money tree is appealing to most people. Who wouldn't want a tree that produces money? Unfortunately, money trees don't really exist. You can't plant a tree and expect to harvest dollar bills. However, there is a plant called the Pachira aquatica that is commonly called the money tree due to its belief to bring good luck and prosperity to its owner. The question is, can you plant a money tree outside?

What is a Money Tree?

The Pachira aquatica, or money tree, is a tropical plant native to Central and South America. It is a popular houseplant because of its striking appearance and supposed ability to bring good fortune. The plant has broad leaves that are shaped like hands with five fingers, and a braided trunk that is believed to hold onto wealth and good luck.

Can You Plant a Money Tree Outside?

The money tree is a tropical plant that prefers warm, humid conditions. It is often grown as a houseplant, but it can also be grown outdoors in tropical and subtropical regions. If you live in a warm climate, such as southern Florida or Hawaii, you may be able to plant a money tree outside. However, if you live in a cooler climate, it is best to keep your money tree indoors or in a greenhouse.

How to Care for a Money Tree

If you do decide to plant a money tree outside, it is important to provide it with the right conditions. Money trees prefer well-draining soil, and they should be watered regularly. The plant can tolerate some drought, but it will not thrive if it is completely dry for long periods of time. In addition, money trees are sensitive to frost and cold temperatures, so it is important to protect them from the elements.

Money trees also require bright, indirect light. They can tolerate some direct sunlight, but they may become stressed if they are exposed to too much. If you are keeping your money tree indoors, place it near a window where it will receive plenty of natural light. You can also supplement the light with a grow light if necessary.

The Bottom Line

In conclusion, while there is no such thing as a tree that produces money, you can plant a Pachira aquatica, or money tree, outside if you live in a warm, humid climate. However, if you live in a cooler region, it is best to keep your money tree indoors or in a greenhouse. Whether you believe in the plant's ability to bring good luck and prosperity or not, the money tree is a beautiful and unique addition to any plant collection.