Contrary to field theoretical calculations in the thermodynamic limit where the volume is assumed to be infinitely large, the heavy-ion collisions always carry the effects of finite size. A sufficiently small system size is expected to affect the thermodynamic quantities and the phase diagram of the strongly interacting matter. To study these effects one can take into account the finite spatial extent of the system within the framework of an effective model too, via the restriction of the momentum integrals using discretization or in a simplified case using a low momentum cutoff. We investigated the effects of the finite volume in a vector meson extended Polyakov quark-meson model and found a remarkable change in the thermodynamics and the phase transition, especially in the location of the critical endpoint.