There is a new trend for frugal living as more and more people are beginning to downsize the way they live. Homeowners who have been living in spacious homes and splurging on various household necessities are beginning to realize that living in a large home is not always better. In many cases, such homeowners only start to see the benefits of living in a smaller home once they decide to move voluntarily or are forced to move due to a job relocation or sudden financial downfall. Nevertheless, if you want to save up on energy, resources, money and effort on home management and maintenance, then perhaps you should consider moving to a smaller home.
You Avoid Unnecessary Expenses
When you have plenty of space in your home, you are tempted to fill in every corner with things you do not really need. As such, you end you up buying furniture, appliances, home accessories or electronics you already have. Sadly, most of these items are bought to only fill in space and not fulfill a function. In the end, it may feel like clutter and waste of hard earned money. By downsizing to a smaller home suitable for you and your family, you learn to prioritize and buy only what is needed for your home.
You Save Up On Energy Costs
One of the disadvantages to living in a large home is the energy costs. Aside from the lighting expenses, heating and cooling, and water costs can really burn a hole in your pocket. However, living in a smaller home can help reduce your family’s carbon footprint and energy costs. Opt for energy efficient appliances and systems suited for your home to ensure that you avoid sky rocketing energy costs.
Stress And Endless Chores Are Kept At Bay
Living in a large home means more stress and endless chores. Having to maintain, clean, furnish and repair a home can be tiring and it also involves more expenses which can be stressful. If you want a more minimal and stream lined life, then downsizing is the best solution. Your daily chores will be significantly reduced and you will find yourself with more time to enjoy various activities with family and friends. According to Hayden Homes, a professional home building company in Redwood Oregon, “Downsizing requires homeowners to rethink their way of living and simplify their home life. But this endeavor can ultimately lead to a higher quality of life because it frees up time, money, and stress, while giving homeowners a chance to bond closer with their community and family.” Most importantly, you will be able to get the rest you need each day without having to maintain your home inside and out.
Avoid Costly Extensive Security Systems
If you have to travel a lot for work or if you and your family travels a lot, having to secure your home is crucial. When you have a large home, you need to ensure that all your interior and exterior security systems are properly monitored and fully functional. This means more expenses for the extensive security systems to cover your home from the ground up. A smaller home on the other hand, will not require such extensive security systems even when you have to travel for an extended amount of time.
No More Over Spending
Some homeowners tend to overspend and over buy for their large homes. A smaller home can keep you locked in on a budget and unnecessary shopping for furniture, appliances and other furnishings can be avoided as there will not be enough space in the home. This means that you can successfully save money and avoid having to use your credit card whenever you are tempted to buy something unnecessary for your home.
Valerie Peters is a DIY home improvement enthusiast and freelance writer specializing in interior designing and home management. She offers an array of interior designing tips and DIY home improvements tips for different types of homes.