Money Plant

Binomial name

Pilea peperomioides

Common names

Chinese Money Plant, Pancake Plant, UFO Plant

Description

Pilea peperomioides, commonly known as the Chinese Money Plant, Pancake Plant, or UFO Plant, is a popular houseplant appreciated for its unique, round, coin-shaped leaves that grow on long, slender stems. Its compact size and easy care make it an ideal addition to any indoor space, whether placed on a windowsill, desk, or as a hanging plant. This attractive plant has a delightful, fresh look and is also known for its air-purifying properties. Its rapid growth and ability to propagate via offshoots, or "pups," have earned it a reputation as a favorite in plant collections.

Light requirements

Pilea peperomioides thrives in bright, indirect light but can tolerate some direct sunlight in the morning or late afternoon. It’s best to avoid placing it in direct sunlight for long periods, as this can scorch the leaves. A bright, well-lit area with filtered light will encourage healthy growth and vibrant foliage.

Soil preferences, including pH and drainage

This plant prefers well-draining, light, and slightly acidic to neutral soil (pH of 6.0 to 7.0). It thrives in a fast-draining potting mix, such as one designed for succulents or houseplants. Proper drainage is essential to prevent waterlogging, which can lead to root rot. If planting in a container, ensure there are drainage holes to allow excess water to escape.

Water needs

Water Pilea peperomioides when the top inch of soil feels dry to the touch. It prefers slightly drier conditions between waterings and is susceptible to root rot if overwatered. During the growing season (spring and summer), water more frequently, but allow the soil to dry out slightly between waterings. In the winter months, reduce watering, as the plant's growth slows. Always ensure the soil drains well to keep the roots healthy.