Braided Jade "money" Tree Health... How much should I water? How much sunlight?

Question

I keep hearing about keeping the soil of my money tree dry by not watering it too often, but how dry is too dry? I bought it at a store that watered everything the exact same way, so there's no way that it was payed attention to like it should have been. This is especially true because it was the one and only money tree plant they had.

When i bought the plant, I got a pot and bought all purpose potting soil to fill it in (it was quite a bit bigger than the temporary pot). I was worried about the roots and thought watering it once to keep everything uniform couldn't hurt even if watering it too much was a concern.

I've heard "bone dry soil" and then I've heard "once a week". My problem is the soil, after more than a week, is still moist... and nowhere near "dry".

My question mainly is should I water it once a week like I've heard? Should I let the soil dry more before I water it? Or what should I do?

Also, how much sunlight should it get? I've heard almost no direct sunlight for younger plants, but i'm not sure how old mine is accept that it's about 2 feet tall (the stem being only about a foot tall)

Some of the lower leaves are seeming to wilt. I've heard this is normal. But all of the leaves are getting yellow around the veins. And I've heard that this can be caused by too much watering, too little watering, and too much sunlight. I have NO IDEA which!

Please help! (second time posting the question, hoping someone knows what I'm talking about!)

Answer 1

Check this out:

http://houseplantessentials.com/braided-...

Answer 2

Hate to be a stickler...  but could you please google the following and look at the pictures and let me know which plant you have.  I cannot give you correct information until I know which plant I am dealing with!!

Pachira and Crassula ovata  

Both are commonly known as "money trees" but care instructions are completely different!!

Answer 3

I've got one and it does great. I only water it when its completely dry. Bone dry is a good description. It is in a bright room right next to a window, but does not get direct sunlight. When I first got it it was in a little decorative pot that was way too small. I repotted it in a bigger pot. It loses bottom leaves frequently (first they turn yellow, then brown and fall off) but it puts out new leaves regularly. About every six to eight weeks I'll give it some plant food. They really are pretty self sufficient. Hope this helps.