I would rather carry an almost empty big bag than a smaller bag so stuffed to the brim I cant find anything in it.
I usually carry big bags and my daily essentials are 2 iPhones (work one is is a Max size personal the smaller version), calvi or CDG zip up card holder, lipstick & hand sanitiser in a pouch, Kindle and keys.
The only time I find carrying a big bag annoying is in a slouchy or hobo style shoulder bag (like the Massai) because I find everything sort of tumbles about and I have to dig to find things.
I cant stand mini bags and I think people actually look silly wearing a mini bag and holding a phone that doesn't fit (sorry!)