Living within our means not only applies to the dollars we spend, but also to our space. If you live in 2400 square feet and downsize into 1200 square feet; half of your stuff should go. Creating a comfortable environment to live in is done by creating space. If your home is jammed with stuff you are not living within your (space) means.
Storage is Vital When Downsizing
If you are downsizing and deciding what furniture to keep and what to let go of, consider keeping the pieces that have storage. Drawers, cabinets, ottomans that open will all serve you well.
Like Things Together Reduces Clutter
I have lost count of how many times I have heard someone say “I couldn’t find it so I just bought another one”. This habit alone will use up valuable space. Keeping like things together in a logical place will narrow down where to look for it when it is needed. Sure we need some multiples of things like scissors; but are they in a logical place? A pair in the kitchen? A pair with the gift wrap? A pair in the bathroom?