old guy question about limits

I'm so sorry to ask what is likely to be common knowledge, however, I'm trying to wrap my head around the offerings and I'm all jammed up. I asked this on r/Claude also - and my question was auto-blocked. I'm looking at Claude and ChatGPT and I can't really understand what the limits mean. "If you pay this amount, you get 6.25x MORE!" or tokens?? I'm over my head and I haven't even gotten to the meat of it. I'm just not sure how these terms translate to everyday use? What does one token equal? One question? One video? I don't do coding, and so far, I have mostly done legal contracts and business structures. I'm a Real Estate developer and (in addition to the fun stuff that my kids keep sending me) I intend to use it for that sort of thing - contracts, agreements, structure, maybe layouts and design - who knows, I'm just starting to learn. BUT - I have no idea how the limits would impact me. I know I hit the limits quickly on the free version of Claude - but maybe I'm not getting it. It reminds me of the old days of the internet - when you had MB/GB limits. People didn't know what that ment until you down loaded a video (overnight) and hit your GB limit for the month.

Any insight would be greatly appreciated.

submitted by /u/jpcirig
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