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“If you have to ask how much it costs, you can't afford it”

J.P. Morgan

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Simplified Meaning:

This quote means that if you're thinking about buying something and you need to ask the price, it likely means that it's too expensive for you. People who can afford really expensive things usually don't worry about the cost because they have plenty of money. Imagine you see a very fancy car in a showroom. If you walk in and ask how much it costs, it’s probably out of your budget. Wealthy individuals might buy it without asking because they already know they can afford it. In everyday life, it suggests that before making big purchases, make sure you understand your financial limits to avoid spending more than you can afford. It's a reminder to manage your finances wisely and to recognize what's within your financial reach.

Related tags
Affordability Economic status Exclusivity Financial status Luxury Money Price Value Wealth
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