Without money, Matt was about as good as dead. Remember, the lord had complete control of him, most likely even to the extent of making him unemployable anywhere he could get to without funds. With some money, he was able to get far enough away to be out of the lord's influence. I'm thinking his remarks might well be interpreted as "without money, I might as well be transported because I'll be a dead man here."
I've loved this song for a number of years and never begrudged Matt his lament over his wages. Too many of us brand him a wimp looking at him from our experiences where, all too often, "deprivation" means we couldn't get our extra towels at the Holiday Inn because the washer broke down.