Video Link : Less Stuff, More Happiness - By Graham Hill

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One of my favorite TED Talks from Graham Hill the founder of lifeedited.com and treehugger.com.
In this talk he suggests that there's a better way to live this life. That less might actually equal more.
In summary, he proposes that there are three approaches on how to have less stuff but more happiness:
1. Edit ruthlessly-- We've got to clear the arteries of our lives. We've got to cut the extraneous out of our lives, and we've got to learn to stem the inflow. We need to think before we buy. We want stuff that we're going to love for years, not just stuff.
2. Small is Sexy. We want space efficiency. We want things that are designed for how they're used the vast majority of the time, not the rare event. We want things that nest, we want things that stack, and we want it digitized.
3. Have multifunctional spaces and housewares--a sink combined with a toilet, a dining table that becomes a bed etc.
Finally, let's take a second and ask ourselves, "Could I do with a little life editing? Would that give me a little more freedom? Maybe a little more time? "
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