Quote of the day, May 1 -- "If you have to ask how much it costs, you can't afford it" is one of the popular lines by JP Morgan.

JP Morgan is regarded as one of the most powerful bankers of the early 20th century. He once talked about wealth, exclusivity, and mindset which hinting at how one can determine and improve their financial stability just with one question-- Can I afford it?

The quote simply means that expensive items, whether luxury purchase, investments, or opportunities, are meant for people who can pay for them without thinking about the price. If someone has to ask about the cost before the purchase, then it might be beyond their financial limit and hence, not a smart move.

In today's world where everyone is chasing luxur...