Benefits of Downsizing Your Home
Kids all grown up and flown the nest? Whatever your reason for downsizing, it doesn’t have to be considered as a step backwards. For many people, a smaller home brings much greater freedom and here are a few reasons why:
- Saving Money
The biggest reason for reducing your living space is saving money. The bigger space you have, the more you feel the need to fill it with furniture and expensive appliances. If you don’t have masses of available space then there’s no temptation to buy unnecessary furniture. Most of the items bought for a large home are only purchased to fill space and serve very little function. The great thing about downsizing is you can prioritise what’s important and dispose of the rest. For all that waste, you’ll probably need a skip. For Swansea Skip Hire, visit pendragon Carmarthenshire.
- Less Stress
Having a large home means lots of effort in maintenance and upkeep. The costs soon spiral when you factor in keeping it clean, exterior upkeep, gardening and furnishing. Reduce your space and reduce your stress levels. Without so many chores to do, you’ll have loads more time for leisure and hobbies. Learn to love your home and not see it as a burden. Cleaning and maintaining a smaller home might actually become enjoyable!
- Less Energy
Of course, a smaller home won’t need as much heating and cooling as a large home, meaning lower energy bills for you. If you only have one bathroom as opposed to several then your water bills will reduce too. You’ll be leaving a much smaller carbon footprint and have more money in your pocket. It’s a win-win!
- Luxury Furnishings
Whereas before you might not have been able to afford the top-end luxury furniture you always wanted, with all the savings being made after downsizing, you could splash out on some high-quality furnishings. Live smaller but more luxuriously as you choose a few key pieces of furniture that offer top quality and craftsmanship. You may have filled a large home with cheaper furniture because you had to but now is the time to treat yourself with what you’ve always had your eye on!
- No More Debt
Downsizing could be a path to a debt-free lifestyle. If you’re keen to escape the shackles of mortgages, credit cards and loans then shifting to a more minimalist and compact way of life could free you up financially as well as emotionally. There will be less temptation to overspend and more incentive to stick to a budget.
- More Bonding
It is generally agreed that smaller homes help families bond better. In a smaller living space, people have to be more organized, compromise and share space but it’s a good way to feel close to people and not separated by a huge floor plan and various flights of stairs. Small homes are often very happy places so try to think of a downsizing as less of a downgrade but more of an upgrade to a happier home life.