My family of 5 traded our large home for a one-bedroom apartment. Nearly 3 years later, we're in no rush to go back.

Leaving our five-bedroom home for a one-bedroom apartment has been great for our family. Megan Hawkins About three years ago, my family downsized from a five-bedroom house to a one-bedroom apartment. The small space isn't easy, but we're more intentional about what we buy and how we use each corner. We've bonded more as a family and have reduced our monthly expenses by about $900. My husband, Emmet, and I are raising our family in a one-bedroom apartment. Five people — three kids — all…