Living better by living smaller

In the market for a new place? Chances are, you're hoping to go up a couple sizes, and you're already busy daydreaming about extra rooms, and wide, open spaces. But living smaller isn't just for retirees. It can be a smart and economical decision, giving you the chance to save money, live closer to the things (or people) that matter, and be environmentally friendly.

Reduce your carbon footprint.

Living in a larger unit often means using up more of the earth's limited resources. More space requires more furniture, more electricity, more light...basically more of everything. You'll also need to put in more of your already limited time and energy in keeping it clean. Try to think critically about how much space you actually need to live comfortably. Set a range and challenge yourself to pick close to the lower end. A studio apartment might be perfect for a young couple. For larger families, remember that young siblings can bunk together. The act of sharing a room encourages relationship building.

Spend less

Choosing less square footage can help your bottom line, and the benefits don't stop at just a lower monthly rent. A conveniently located smaller unit could mean your twice weekly fill-ups are a thing of the past. Walking and biking to get around instead keeps you active - maybe you'll be able to cancel that pricey gym membership. You might even learn to give up your shopaholic tendencies if you know you have no space at home to put your haul.

Be creative

Petite suites can be every bit as chic and functional and their large counterparts. After all, European homes tend to be smaller than North American ones, and no one would accuse them of living any less stylishly. Getting creative could be just the solution! A folding couch or futon can serve as a guest bed if you're short on bedrooms. Ottomans and media units with hidden storage can hide anything from winter hats to cat toys. Light and airy pieces reduce visual weight and help create an open feeling in a smaller space. If you're still stuck for ideas, don't give up! Home decorating websites can be a great source of inspiration for living small.