Written by: Lana Hawkins
The culture of downsizing is becoming increasingly popular around the world, and for a number of great reasons, especially in those bustling metropolises where you don’t actually need a capacious living environment. In fact, opting for a smaller living space is probably one of the best ways for an aspiring millennial homeowner to cut extraneous living expenses and gain control of their finances in the long term. After all, urban living can be notoriously expensive.
This is why modern city-dwellers are increasingly opting for those highly-functional, and even serviced apartments that make living in a big city a little less stressful and a lot more enjoyable and financially-sensible. Sure, you probably won’t be able to fit a home gym into a small city pad, but you will be able to elevate your quality of life in numerous other ways. Here are the reasons why the small space living trend is on the rise, and why you should consider embracing the trend yourself.
Making urban life less financially-taxing
If nothing else, a small living space just makes more financial sense in the long run, especially if you are living in a highly-popular city where everyone around the country and even the world flock in pursuit of their dreams and career goals. These environments typically have sky-high rents and inflated average living expenses, which makes owning an apartment virtually impossible and renting one a difficult financial task.
While living in a big city pad might seem like the dream, pretty soon you would have realized that the running expenses are simply too high. Small apartments, on the other hand, not only come with lower monthly expenses when it comes to utilities and upkeep, but they also come with a lower monthly rent that will allow you to allocate your financial resources towards other goals in life instead of wasting your hard-earned money.
Elevating day-to-day functionality
As if the prospect of not wasting half of your paycheck on rent and utilities doesn’t seem inviting enough, a smaller city apartment can be much more functional than a big one, and it can be infinitely easier to decorate. Add to that, a small city pad allows you to tend to some long-term home improvements quickly and affordably in order to elevate your quality of life, improve your health, and save money whilst a bigger apartment would require thousands of dollars in remodeling fees to achieve the same goals.
By and large, smaller pads are just more functional to live in, and if you go the extra mile to decorate them just right, you can achieve a certain “flow” that will significantly improve your day to day routine. Be sure to analyze your daily routine at home, and then decorate and organize your small-ish living environment to achieve a flow to help you be as productive as possible.
Serviced apartments enhance comfort
The hectic urban lifestyle makes it almost impossible for the modern city-dweller to build a successful career, have a thriving social life, and run a household at the same time, which quickly gave rise to the concept of small serviced apartments. These highly-functional pads are quickly becoming ubiquitous to hectic urban hives the likes of Hong Kong, for example, where citizens are in dire need for a living space that requires minimal upkeep while providing comfort and functionality. This is why citizens and business travelers from around the world are now choosing a service apartment in Hong Kong over their traditional counterparts, simply because they offer the ease of living that they need to stay productive and stress-free on a daily basis. If you’re considering such an apartment yourself, make sure that you get the key features and services such as regular linen change and cleaning, modern communal areas that include a fully-stocked kitchen, and make sure that utilities are included in the price of the apartment.
Lowering your carbon footprint
It should go without saying that a smaller apartment is better for the environment overall, and that living in a smaller city pad is more sustainable over the long term. If you care about the environment, which you should, then you should consider a smaller living space that will allow you to use less energy and water and thus lower your monthly expenses – which is great for the mind, body, and soul as well.
Small living spaces are easier to decorate
Whether you’re living in a big city or a small country town, you want to make your living environment truly your own, meaning that you need to decorate the space to your exact liking. Of course, the more space you have the more money and time you will have to invest in decorating every room in your apartment, which is not exactly the best way to stay in control of your finances. Opting for a smaller flat, on the other hand, allows you to decorate the whole place just the way you like it with minimal financial waste – and over the weekend at that.
Living in the big city can be stressful and financially taxing to say the least, and while there are numerous ways you can make it less so, there’s still nothing that compares to simply downsizing your living environment. Use these benefits of small apartments to your advantage, and choose a cozy little flat that will help you elevate your quality of life.