The minimalism lifestyle movement has been around for decades. However, it’s regaining popularity with millennials for a variety of reasons, including saving money and reducing expenses. Downsizing provides many benefits in addition to creating an uncluttered space.

The topic of millennials downsizing has been buzzing for years on a variety of high profile news sites and television programs, including "The Wall Street Journal," "TIME" and "Bloomberg." Living on less, reducing waste and saving money for experiences rather than stuff are all popular movements with young adults.