A 1 TB hard drive rarely holds 1 TB of data. When the real figure is 300 GB, a 500 GB SSD is enough, and it removes the noise and slow seeks that made the old drive feel outdated.
This guide explains how to confirm the data fits, shrink the partitions, and clone the disk so Windows still starts on the smaller drive.
A clone to a smaller target is a space question, not a hardware question. Windows needs free room for updates, the page file, and temporary files, so plan for a healthy gap below the new capacity.

Add the size of every partition before you buy the SSD. A drive that looks large enough for C: can still fail because the recovery and EFI volumes push the total over the target.

If Windows refuses to shrink far enough, a partition tool can move the unmovable files. Do that before the clone; resizing during the copy is much riskier.
Qiling Disk Master clones a disk to a smaller target when the used space fits and resizes the partitions in the same task. Download it on the PC that will keep Windows.
Step 1. Open Qiling Disk Master, choose Clone, and then select Disk Clone.

Step 2. Select the hard drive as the source and click Next.

Step 3. Select the smaller SSD as the destination and confirm that its data will be replaced.

Step 4. Review the layout, keep the EFI and recovery volumes, and tick Optimize for SSD.

Step 5. Click Proceed, wait for the copy to finish, then shut the PC down before you swap the drives.

If Windows stops with an inaccessible boot device error, the storage driver or the boot entry is wrong. Follow the repair in Cloned Drive Wont Boot Fix.
Yes, when the used data and all partitions fit. The clone resizes the partitions to the new disk.
The source data is larger than the target. Free space or shrink the system volume before you retry.
It must fit inside the smaller disk. If it does not, remove it and recreate it after the copy.
Yes. A disk clone keeps applications, settings, and activation, so nothing needs reinstalling.
It is workable for a light system, but updates need room. Check the used space before you decide.
Before changing drives or partitions, create a full system backup. Qiling Disk Master creates an image you can restore from if the smaller drive will not start.
Step 1. Open Qiling Disk Master and select System Backup to include Windows and the boot partitions.

Step 2. Save the image to a drive other than the target disk and start the backup.

Step 3. Click Proceed to start the system backup and wait patiently until it finishes. You can also tick Shut down the computer when the operation is completed to power off automatically.

Step 4. If the SSD will not start, restore the image to the original drive and try again.

Cloning a hard drive to a smaller SSD is a space calculation. Add up every partition, clear old updates and hidden files, and shrink the system volume until it fits with a healthy gap. Then clone the disk with SSD optimisation, set the new drive first, and confirm the reported capacity. Keep the old drive until updates and daily work run normally.
For more on shrinking a system, see How to Clone Windows 10 to a Smaller SSD, How to Clone Only the OS Partition to a New SSD, How to Replace the C Drive with an SSD, and How to Clone a Hard Drive to a Larger Hard Drive.