Budgets are Sexy.: America's net worth

Wednesday, May 14, 2008

America's net worth - where do you stack up?

I recently found this tool (and MANY others) on CNNMoney.com, and it's pretty freakin' interesting. It just asks for your age and your yearly income, and it plops you out a couple of nice and simply graphs. The first shows the average "net worth" for your age-group (as posted to the left), and the second shows the average "net worth" for your particular income level.

Both graphs are pretty cool to see. That first one is SCARY though! Can you believe that? man.... luckily, i'm WAY better off than the average in this group (Opah!), but my $66k is wayyyyy below the average for my income level. Age plays a huge part in this ofcourse, as I've only been at this salary for less than a year, so I'm just hoping i can stick with it and/or increase it for years to come!

Give it the old college try, and see how you compare. Hopefully you'll be on top of at least one of the graphs! And if not? Well, now you have something to strive for. Just keep reading the blogs to help pump you up ;)

*I've also just added a new section of helpful links*
It can be found on the left column, and it links to some pretty sweet tools & calculators out there. So far I have the following:

I'll be updating/revising them over time, so feel free to holler if you'd like to see a special on in particular, or even if you have found a more helpful one.

Labels: net worth, tools

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7 Comments:

SavingDiva said...: You're doing really well for your age! :); May 14, 2008 12:52 PM
PT said...: This blog: SO Sexy!

Seriously, I enjoy your writing style.

Cool link to find a blogger.

;); May 14, 2008 2:51 PM
J. Savings said...: *blush*
Thanks guys!!!; May 14, 2008 5:13 PM
Chicky said...: It is cool! I will check out every one of them :); May 14, 2008 8:07 PM
My Crazy Debt said...: This is very cool! My net worth for my age is $44,875. I'm happy to say despite my mountains of debt, we are far far above that.

I entered my husband's wages, since I'm at SAHM and according to what he makes, we are behind about $100K.; May 15, 2008 4:43 PM
MyMoneyAdventure said...: Very Interesting! I might have to do a post involving this.; May 15, 2008 5:54 PM
J. Savings said...: It's always cool to see where you compare w/ "the average". Plus it helps give you a goal if you're not all the way there yet (such as my self w/ the salary range).

And yeah, if you end up posting about it MyMoneyAdventure, let me know :); May 16, 2008 1:16 PM