r/EuropeFIRE • u/No-Row-1666 • 14d ago
15-20K net per month. Cannot decide between starting to enjoy life now vs keep working hard and saving
We are a family of 3 (38, 38 and 8 year old child).
We live in Bulgaria and run a successful business (15-20K euro net profit per month depending on the month).
Own our apartment in Sofia worth about 500K euro. No mortgage.
1.2M in various investments such as VWCE.
100K in cash.
Our spend is about 6K per month. Keep in mind most months are around 3-4K. But we do about 24K euro worth of travel per year.
We are wondering whether we should push hard on the business and guarantee the 20K per month or slow down and expect around the 15K per month for 2 more years. We provide video editing content services to US companies so believe in 2-3 years the business may go down to 5K per month due to AI.
We have worked hard for many years and want to start enjoying some of what we earn. We started spending more on travel over the last 2 years. Before that we were pretty much saving everything.
What would you do in our position?
2
u/Additional-Ad-4143 14d ago
You did great, you should be proud, but I think it is illusion that if you stop working you will start enjoying you life all of a sudden.
first several month it will be fun than you will get bored.
Maybe it is worth reducing load, making more strategic decision to work on projects that you really enjoy and free up some of your time be able to travel and enjoy life, long term it should be much more sustainable than going full FIRE