Purchase a sofa bed to free up daytime space. Tuck away your blanket/comforter in a drawer during the day and use sleeping pillows as throw pillows for the sofa during the day. If the sofa bed is too heavy or too costly, you can always sleep on a sofa instead of a bed.
Maximize your space by using storage units to store away your kitchen appliances, utensils, electronics or anything else that you may need. This saves you counter space or floor space.
Use furniture in which you can store items, such as ottoman chairs. In addition to having a comfortable chair, your ottoman can also provide you with enough space for a few pairs of shoes or anything else you might need.
Discard extraneous items in your studio apartment. Go through everything that you own and ask yourself whether or not you truly need the item. For example, you might decide you can live without your food processor or high-speed blender. The accumulation of material goods can hinder compact living.