The film stars Jonathan Penner, George Plimpton, Wendy Adams, Gerald Orange, Chuck Pfiefer and Sandra Bullock in her first leading role.
While watching TV, Morris Codman, a New York ex-adman, receives a message from God and is inspired to form a new religion called "The Preferent Church".
Later, in a predictable epiphany, and with the help of his skeptical girlfriend Debbie, he discovers the beauty of altruism, realizing that bilking people out of their money isn't worth the loss of his morals and his love.
TV Guide was critical of the film when it was released on video stating, "Bullock has only a small role in this clunker, and she's fine...but the production is too shabby-looking to approach the level of satire.
As if the Fool And His Money experience wasn't made unpleasant enough by the charisma-free team of Penner and Orange, sound quality is harsh and tinny, and the music is lousy.