Size really does matter when it comes to saving money.
Ok, time to get your mind out of the gutter people. What I am trying to infer is that the size of things in our lives, often directly correlates with how much money we spend or save.
What do I mean by this you might ask? Well take for instance a shopping trolley. When you go shopping, you have the option to choose the little one, or the family sized trolley. Time and research has proven that people who opt for the bigger trolley, 9 out of 10 times will feel compelled to fill their trolley more than those with a small trolley.
It’s human instinct to work with what we are given. We are hardwired to consume. We acquire stuff because we can and quite simply – we often live our lives to the maximum extent our money will afford us. It is rare for anyone to have money left unaccounted for these days. If there is a way to spend, us humans will find it.
So where does the principle of ‘size’ come into the topic of saving money?
By limiting the ‘size’ of a range of tasks, things and activities – we can limit our exposure to spending money, in turn finding ways to save money that otherwise seemed impossible.
To save money, you simply need to make some minor life hacks to your existence. Doing this will significantly increase how much money you save and may also have health benefits.
The size of your cupboard affects how much you store, buy and ‘need’
One of our loyal readers Wendy here at Savings Guide said it best when she stated “I’ve decided to use a lot of the shelf space in my pantry as storage; eg for appliances, extra plates, crockery etc. Then I don’t spread my food supplies over a big area and feel compelled to buy more”
If we have a huge cupboard, it looks strange when it is empty or partially empty. We somehow feel it must be full to look the part and do its job. This is why you see a family of three fill a large cupboard in a big house, when a family of five in a smaller house may only need a quarter of the space.
Opt to use some of your cupboard space as storage for pots and pans. If there is no room, you are forced to consider what you need and in turn may save money.
The size of your house defines how much furniture and ‘stuff’ you must buy
Buying a bigger house? It’s going to need more furniture. It’s going to require you to buy more stuff to make it looked lived in and ‘setup’ for when guests come over.
The size of your house will directly affect how much money you need to spend on not only furniture, but heating costs, maintenance costs and more.
The more compact your house, the more money you will save. The tip here is to live in a place that is right for you – don’t have unused space as believe it or not, it’s hindering your ability to save money and costing you.
The size of your dinner plate suggests how much food you should put on it
At Christmas we bring out our ‘special’ dinner plates. They are very similar to our everyday ones but nearly twice the size. Particularly useful for decadent Christmas lunches. The interesting thing about this is that you tend to add more food to your plate to simply fill the plate.
Even a week or two after Christmas, I find myself wanting to eat more as I have trained myself to crave more food and see my old small plates as somehow not right.
A great way to save money is by reducing your plate and bowl sizes. You are less compelled to fill them and will significantly save money on groceries as you start to consume less food.
The size of your trolley correlates to how much you buy
As mentioned above, research has shown us time and again that we as consumers will fill a trolley based on its size, not on our needs.
Always opt for a smaller trolley, no trolley or a handbasket to reduce how much space you have to fill.
The bigger you are, the more food you require
I say this from personal experience. When I am heavier (weight wise) it’s because of my diet and how much I eat. As I get bigger, I crave more food. It’s like a self-fulfilling prophecy that sees me put on weight and in turn need more food to sustain that weight.
I don’t really have a tip here as I forever am trying to lose some weight, but the reality is the less bad food we consume, the less we weigh and the less we require to sustain our body weight.
The bigger the shopping centre, the more chance you have of spending money
Another way that size impacts our spending and saving is when we visit a big shopping centre. It’s hard to spend $50 at a small local shops, yet $50 can be blown in 15 minutes when you visit a huge mega complex like Westfield.
What are your thoughts? Does size impact your ability to save money?
I would like to hear from you. Tell me how size impacts your spending or saving and in what way below.