Sussexminman wrote: …I then save my final image in whatever folder I choose.
You are using the Photos app, right? Do you mean that you "save" the picture in Photos? If so, then it has no size, because there is no file-- just the information to make one.
Do you Export the picture to a Finder folder? In that case, Finder being a file manager, it will give the size of the file you chose to make.
When you use File>Export>Export nn Photos, you get this dialog:

Here you can choose the format, the quality, and the size of the exported picture, and all of those choices will influence the size of the file. As I said, the file size, even for the same quality and image size, will be different if you choose HEIC or jpg or TIFF or png. The file has no size until those choices are made.
The Quality is about information loss in the compression used to construct the file. The Size is the number of pixels, and that influences how large you can print the image. The full size number of pixels is given in the info window in Photos. "Custom" is offered to let you choose the number of pixels.
You can try out the different choices and see what you get and how the choices affect the size and quality of the image.