This news isn't about cryptocurrencies like Bitcoin or Ethereum! It's about something called 'net worth'. Think of it as how much money you have after paying off what you owe. It's a good way to see if you're getting richer.
- Net worth is what you own (like toys, money in your piggy bank, and a house if your family has one) minus what you owe (like money you still need to pay for toys or a house).
- The average American family's net worth is pretty high, but the median (middle number) is much lower, showing it's not the same for everyone.
- Net worth usually grows as you get older, but it can go up and down based on things like jobs, buying a house, or paying for college.
| Age | Average Net Worth (USD) | Median Net Worth (USD) |
|---|---|---|
| (Approximate values not directly available in text) | (Approximate values not directly available in text) | (Approximate values not directly available in text) |
