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We have much to be thankful for. God has blessed us far beyond what we deserve. He has given us everything we need for life and godliness (2 Peter 1:3).

Psalm 50:23

The one who offers thanksgiving as his sacrifice glorifies me;
to one who orders his way rightly
I will show the salvation of God!”

ESV Study Bible Notes

The writer of the psalm, Asaph, sums it up: Worship him with the heart. The final thought sums up the psalm, with its interest in what membership in God’s favored people should mean: joyfully to delight in God’s presence (thanksgiving as his sacrifice), and a just and kind life in fellowship with God’s people (orders his way rightly).