Assets minus liabilities — see your real financial position
Net worth = total assets minus total liabilities. It's the single best snapshot of your overall financial health. Unlike income, which shows how much you earn, net worth shows how much you've actually kept and built over time. A high income with high debt can mean a low or even negative net worth.
According to the Federal Reserve Survey of Consumer Finances, the median net worth by age group is: under 35: $39,000; 35-44: $135,600; 45-54: $247,200; 55-64: $364,500; 65-74: $409,900. These are medians, not averages — the average is much higher due to wealthy outliers pulling it up.
There are only three levers: increase assets (save more, invest), decrease liabilities (pay off debt), or both. For most people, the fastest wins come from paying off high-interest debt (especially credit cards) and consistently investing in retirement accounts. Even small amounts compound significantly over time.
Every $50/month in canceled subscriptions is $600/year you can put toward investments or debt payoff.
Open Subscription Tracker →Subscription Tracker — Cut recurring costs to grow net worth faster
Debt Payoff Calculator — Reduce liabilities to increase net worth
Compound Interest Calculator — See how investments grow your assets
Savings Goal Calculator — Plan savings to boost your net worth
Compound Interest Explained — How your assets grow over time
Subscription Audit Checklist — Free up cash for investments