Save More Tomorrow

Save More Tomorrow (SMT) is a behavioral finance strategy that encourages people to increase their savings gradually, specifically for retirement. Instead of requiring individuals to save a larger portion of their income immediately, SMT suggests they commit to saving a percentage of any future salary increases. This way, as incomes rise, savings will automatically increase without significantly impacting their current lifestyle. The approach helps to overcome procrastination and the pain of sacrificing current spending, making it easier for people to build their savings over time and secure their financial future.