Last 5 years, I moved around to various cities Canada and US every 4 to 8 months or so going to school and working on internships. By necessity, I had to pack light, really light. No car obviously. I was a poor student. I had only one furniture, a bed, and I got that only after I started to have lady friends over. Before that, I slept in sleeping bag for months. I had very few cloths and only thing I had extra were my underwear and socks. And I guess only thing of value I carried around was my Macbook. I didn't even have a smart phone until this last month. I used cheap Huawei prepaid phone drug dealers use as their second phone. I probably had a little more stuff than an average homeless person in that I had a roof over where I slept.
It was definately an "experience" alright. I had ended the life of plentifuly that I took granted in high school, and went onto a subsistence living by the North American standard of extreme minimalism for 5 years. Sure, I learned to inspect what my true needs were and had a good discipline to spend on things I needed, not wanted. However, was that learning worth 5 years of discomfort and annoyance?
Since January this year, I finally decided to settle. I was done with school and I found a good roommate to share furnitures and kitchenwares with. I had a lot of fun decorating my room, living room and kitchen. It's been awesome since then. I felt so much more comfortable with things around.
To put it bluntly, there wasn't anything romantic about living with less stuff. I haven't experienced or felt different things that you would not feel through living with plenty of things.