Why did Jesus describe money as a distraction from God?

An engineer who went to my school returned years later to share his testimony with our bible study and he told us that being religious was very easy when he was living on student loans but after he became rich, finding God was extremely hard for him.

He called his rich bible study friends for advice and they said the same thing, that now that they were rich, being religious was very hard for them.

A guy who grew up in a refugee camp said when he was hungry and poor, finding God was easy, but now that he had money and luxury food, finding God was extremely hard.

Psychiatrists are some of the richest medical professionals out there, making around $600,000 a year, and less than 10% of them believe in God.

Why did Jesus describe money as a distraction from God?
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