The answer is in the 7 verse after this, Luke 14:27-33, summing
up in verse 33,
"So therefore, whoever of you does not renounce all that he has
cannot be my disciple"
Luke 14:25-30
25 Now great multitudes accompanied him; and he turned and said to
them,
26 "If any one comes to me and does not hate his own father and
mother and wife and children and brothers and sisters, yes, and
even his own life, he cannot be my disciple.
27 Whoever does not bear his own cross and come after me, cannot be
my disciple.
28 For which of you, desiring to build a tower, does not first sit
down and count the cost, whether he has enough to complete
it?
29 Otherwise, when he has laid a foundation, and is not able to
finish, all who see it begin to mock him,
30 saying, `This man began to build, and was not able to
finish.'
31 Or what king, going to encounter another king in war, will not
sit down first and take counsel whether he is able with ten
thousand to meet him who comes against him with twenty
thousand?
32 And if not, while the other is yet a great way off, he sends an
embassy and asks terms of peace.
33 So therefore, whoever of you does not renounce all that he has
cannot be my disciple.