What does 1 Timothy 6:9-10 mean?

9 But they that will be rich fall into temptation and a snare, and into many foolish and hurtful lusts, which drown men in destruction and perdition.10 For the love of money is the root of all evil: which while some coveted after, they have erred from the faith, and pierced themselves through with many sorrows. (1Timothy 6:9-10 KJV)

William Burkitt New Testament

Verse 9

Observe here, 1. The parties described: they that will be rich, that is, whether God will or no; their hearts are set upon the world, they feel it coming, and have it they will, if by any means, right or wrong, they can come at it, ask nobody’s leave, no, not God Almighty’s leave, but rich they are resolved to be.  

Observe, 2. Their danger represented: they fall into temptation and a snare, and many foolish lusts, &c.  

Learn hence, That a will and resolution to be rich, is the occasion of much mischief to those that cherish and allow it in themselves; a will to be rich, is to make riches our principal business, our main scope, our great work, to pursue the world with the full bent of our wills: now the bent of our wills is discovered, first, by intention, secondly, by industrious prosecution; when the mind is wholly intent upon getting wealth, and unwearied industry is found in the pursuit of it. Now this is to make a god of the world; for that which is a man’s aim, design, and end, is his chief good, and that which is our chiefest good is God.  They that will be rich, &c.  

Learn, 2. That an hot and over eager pursuit of the world lays a man open to endless temptations, so that it is not only difficult, but impossible, to keep his innocency; and that being irrecoverably lost, drowns a man in perdition and destruction.

Verse 10

Here we have the nature of covetousness, the evil and sin of covetousness, and the mischief and hurt of it declared.  

Observe, 1. The nature of it: it is an inordinate love of money, an insatiable desire after wealth.  

Observe, 2. The evil and sinfulness of it: it is a root of sin,  The root of all evil; the fruit of all sin grows from this root, distrustful care, tormenting fear, anger, malice, envy, deceit, oppression, bribery, perjury, vexatious lawsuits, and the like; nay, farther, covetousness is the root of heresy in judgment, as well as of iniquity in practice.  

They have erred from the faith: that is, in point of doctrine, as well as in practice; it makes a man believe, as well as act, against the rule of faith, for filthy lucre.  

Observe, 3. The mischief and hurt of covetousness declared: it pierces, it pierces through with sorrows, yea, with many sorrows.  

But whom doth it pierce?  

First, others; it pierces the poor, the needy, the widow, the fatherless, all that fall within the reach of its gripping hand; nay, it doth not spare its own master, or slave rather, but pierces him: They pierce themselves through, says the apostle, with many sorrows, with many more, and much worse sorrows, than they pierce others with.  

Riches ill gotten, by covetousness or oppression, instead of making their owners heartily merry, make their consciences ache, and give them many a stitch in their side. None can tell what gall and wormwood springs from this bitter root, both to themselves and others: The love of money is the root of all evil; which while some covet after, they err from the faith, piercing themselves through with many sorrows. It is the root of all evil, of sin, and also of trouble and disquiet.