There are a number of reasons why it’s a good idea to accumulate wealth. Having wealth allows you to build up your retirement, and build up assets that can be passed down for generations. It’s also mentally beneficial, as you don’t need to constantly stress out about how you will pay your bills each month. But building wealth doesn't happen overnight. There is no such thing as a get rich quick scheme. They are just that - schemes, and often scams to get your hard-earned money. If you want to become one of the 7 million households who are wealthy, you need to take steps to accumulate your wealth.