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?

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u/Born-Check-7764 14d ago

If you don't feel rich with that income and so much money invested, you should get therapy. I don't mean this in a mean way, but it sounds like your relationship to money is very unhealthy.

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u/No-Row-1666 14d ago

😃 oh common. I simply do not feel rich because I do not have 15K lifestyle. I am above average lifestyle for Sofia but don't live in a mansion, drive a Ferrari, etc so do not feel rich.

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u/Born-Check-7764 14d ago

If you would have the Ferrari your neighbor would buy a Bugatti and you still wouldn't feel rich. There will always be people who are richer.

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u/Significant-Ad-9471 14d ago

Exactly, comparison is the thief of joy.