Hey David, the phrase "as . . . as" is to compare two quantities. For instance, "I don't have as much money as you" or, "I have as many kids as you." Basically it is to compare the quantities possessed by two different subjects in the sentence. Hope that helps.
Hola David, la frase "as . . . as" es para comparar 2 cantidades. Por ejemplo, el equivalente en español sería "tanto . . . como." La frase, "no tengo tanto dinero como tú" se traduce "I don't have as much money as you." Espero que esto te ayude.