Noel Ernest Money was born in Montreal Canada on 17 March 1867. The eldest son of Captain Albert William Money of the Royal Canadian Rifle Regiment. The family moved to Weybridge, in England and Money was educated at Radley College, and Christ Church, Oxford University. In May 1886 he became a militia officer in the 3rd Battalion Royal Welsh Fusiliers. In November 1888, as a regular army officer, he transferred to the Royal Irish Fusiliers, with the rank of second-lieutenant. Then in October 1891, the then Lieutenant Money resigned his regular commission. However, on 29 December 1899, he joined the yeomanry as a second-lieutenant in the Shropshire Yeomanry, and was thus able to volunteer for service in the Second Boer War.
In April 1902 he was promoted to lieutenant in the Shropshire Yeomanry, but for his service in South Africa retained the honorary rank of captain in the army. In November 1902, having up to now been a supernumerary officer, he was signed onto the establishment of the Shropshire Yeomanry. In 1903, Money married Maud Boileau, the second daughter of Edward Wood, of Culmington Manor, Shropshire, a High Sheriff of Shropshire. Together they had a son Gordon and daughter Mary. Remaining in the yeomanry he was promoted to captain in April 1906, and major in November 1913. Before that he had visited Canada, for a fishing trip to northern Ontario and Vancouver Island, where he purchased six lots of land at Qualicum Beach, intending to build a hotel. In February 1914, Money and his family arrived at Qualicum Beach, and he became the managing director of the Merchants Trust and Trading Company Limited and the Qualicum Water Company Limited.
Prior to the start of the war, in 1908, the Shropshire Yeomanry was assigned to the Welsh Border Mounted Brigade a constituent of the Territorial Force. A year after the start of the war Money, returned to England and rejoined his regiment. The regiment remained in England until March 1916, when together with the brigade sailed for Egypt. When they arrived the brigade amalgamated with the South Wales Mounted Brigade, to form the 4th Dismounted Brigade. In September 1916, he was promoted to temporary lieutenant-colonel and given command of the Royal Gloucestershire Hussars and two companies of a Territorial Force battalion from the Royal West Kent Regiment then in 1917, Money was awarded a bar, to signify a second award, to the Distinguished Service Order. In February 1918, he was promoted to temporary brigadier-general to command the 159th Brigade, in the 53rd Division, which under his command captured the Mount of Olives at Jerusalem.
Post war
In December 1918, Money was invested as a Companion of the Order of St Michael and St George, then, in June 1919, he relinquished his temporary rank of brigadier-general, returning to his substantive rank of major, and returned to Qualicum Beach. However, for his service, the following December, he was granted the honorary rank of brigadier-general.