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afford (adjective)
To have enough money or time to be able to do or buy something. In higher-level contexts, it also means to provide, yield, or supply someone with an opportunity, advantage, or a physical view.
"With the recent pay cut, they can no longer afford the mortgage payments on their house."
Think of 'A-Ford'. If you can 'afford' it, you can buy a 'Ford' car. The 'A' stands for 'Ability' to pay.
I afford a new phone. → I can afford a new phone.
We can't afford buying that house. → We can't afford to buy that house.
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