How to Downsize Your Life and Save Money | Entrepreneur
Briefly

In addition, our brains release dopamine and endorphins whenever we purchase something new. As a result, many of us accumulate more possessions than we need, and we waste money. Several studies emphasize this point.
Housing costs are reduced. In terms of finances, living in a smaller space has the biggest advantages. Whether you rent, own, or downsize to a smaller home, you will likely see a significant reduction in housing costs.
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