The Love of It
We normally assume, and wrongfully so, that the rich man is rich because he loves money. However not every rich man loves money in the way that some of us think that they do. The son of the founder of the financial corporation Edward Jones said, “Money has never been my God.” Many of those that are well off and rich are so because they followed Godly principles putting Him first and He saw fit to bless their business. J. C. Penny is another example of this. We do well to be careful in not judging or ridiculing those that are well off.
So Paul reminds Timothy that it is not money but the love of money that is the root of all evil. Many people would do anything if promised a large sum. A primary reason for such love of money is the common misconception that money will take away all of our heartaches and solve every problem. However some have discovered that with more money comes more problems and temptations, and the greatest of these temptations being the tendency to rely upon and trust God less with the more money that we possess.
The Christian must guard against being covetous of money. Yes he ought to work hard to provide for his family and yes he ought to work hard to get out of debt and to prepare for the future. But some have fallen so in love with money that it has pulled them astray causing them to err from the faith. It is good and right to provide for our families. But money is a tool to be used wisely.
Paul very well could have been referring to Judas Iscariot when he said that some have pierced themselves through with many sorrows. For thirty pieces of silver Judas betrayed Jesus. He traded money and chose it instead of the Saviour and paid the ultimate price, a sinners doom in Hell.