[mixmastamyk]

The negative posts here miss the point. Having too much stuff can be a burden, just as too little can be a hardship.

In the book "your money or your life" I learned about the concept of enough... the logarithmic curve of stuff vs. happiness. TL;DR: get yourself up towards the front of the hump and stop there.

Though I've never been rich, I've gone thru the same phases the author describes. The average (American at least) works too hard and has too much to worry about. So yes, the advice to downsize is good for most. But don't take it too far. He's not advocating sleeping on a dirt floor and giving up electricity as a comment or two here seem to think.

Personally, I currently aim for the life my grandparents lived plus smartphone, better healthcare, and more vacation time.