First of all, your comment that money is the root of all evil is a misquote. We’re referencing 1 Timothy 6:10 from the Bible, which is usually translated as for the love of money is a root of all kinds of evil or simply for the love of money is the root of all evil. Not money itself, but the love of money.
That’s a key distinction. Money itself is neither good nor evil. It’s simply a medium of exchange. It’s a way for people to trade one thing – say, their money or their time or their energy – for other things, like food or housing.
What you choose to use your money for may be good and it may be evil and it may just be a big missed opportunity. You could use it to make sure your children eat very nutritionally balanced meals or you could use it to hire a hit man to take out your rivals. You could use it to help improve orphanages for extremely impoverished children or burn a million British pounds just for the fun of it.
How you use that money is a reflection of who you are and what you value. Whether it’s good or evil is as much your own judgment on how you spend money as it is a judgment passed on you by others who observe how you use it.
The entire purpose of this site is to help people become more efficient in their exchanges: to earn more money, to spend less on the things that they need, to avoid wasting their money on interest payments to lenders, and so on. Again, that’s neither good nor evil. It simply widens the door to the good and evil choices that people have with their money.
What that scripture is talking about is the love of money being the root of all evil. The argument is that when you begin to focus on the accumulation of wealth as the highest purpose in your life, you put a lot of other virtues below it. You value wealth accumulation over the welfare of others, in simple terms.
In the end, it all comes back to your ethics and your character. It takes a bad person to intentionally exploit others. I also believe it takes a somewhat – although more debatable because of the various contexts – bad person to refuse to help anyone in need when they have the resources to do it easily without harming themselves in any real way.
For the love of money is a root of all kinds of evils. It is through this craving that some have wandered away from the faith and pierced themselves with many pangs. 1 Timothy 6:10
Having money isn’t evil. Earning money isn’t evil. Exploiting people to acquire that money is, however, and spending it wantonly in ways that don’t bring value into anyone else’s life is probably also evil.