Let us compare this scripture:

1Timothy 6:8 But if we have food and clothing, with these we shall be content (satisfied).

1Timothy 6:9 But those who crave to be rich fall into temptation and a snare and into many foolish (useless, godless) and hurtful desires that plunge men into ruin and destruction and miserable perishing.

1Timothy 6:10 For the love of money is a root of all evils; it is through this craving that some have been led astray and have wandered from the faith and pierced themselves through with many acute [mental] pangs.

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Source: Amplified Bible