Affording

Affording describes having the financial means or resources to purchase or experience something. It encompasses the ability to cover the cost, whether it's a tangible item like a house or a service like healthcare. It also relates to the ability to provide or yield a particular advantage, benefit, or opportunity. The concept of affording often involves a balance between needs, desires, and available funds, and can be influenced by income, savings, and overall economic conditions. It implies a practical reality rather than simply wishing for something, representing a tangible capacity to fulfill a want or need.

Affording meaning with examples

• Sarah dreamt of traveling the world, but her current salary didn't afford her such a luxurious experience. Saving diligently and researching affordable destinations, she found a way to begin her adventure. She worked hard to earn extra income, hoping to eventually afford an extended trip. She knew it was a challenge, but she was determined to afford her travel dreams and experience different cultures, a journey of the world.
• The couple wanted a larger home, but property prices in their area were exorbitant. They carefully calculated their budget to see if they could afford the mortgage payments and associated expenses. They explored options such as buying a smaller place or looking at neighborhoods with more reasonable costs. Ultimately, they learned that affording their dream home would require a strategic financial plan, possibly buying down the home for a lower monthly payment.
• The new software upgrade offered several features. They were eager to try the software, but whether the company could afford the cost of the license was still up for debate. The IT department was assessing whether the benefits of increased efficiency and productivity justified the expenditure. To make the correct decision, they would review the budget, so they could afford the upgrades. The software was helpful but expensive.
• The scholarship enabled many students to afford the costs of higher education. With the scholarship, they were no longer worried about being able to afford tuition and other fees. They could concentrate on their studies and improve their skills, the scholarship affording them the chance to develop their careers. Without it, their future goals were uncertain.
• The new government policies were meant to afford citizens easier access to affordable healthcare. By regulating the healthcare system, the authorities aimed to create a healthcare system that was more accessible and manageable. The reforms were intended to afford healthcare, offering access to essential services, that all of the citizens would need. Affordable care meant everyone would be better off, which also would increase the population’s health.