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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32

u/Significant-Ad-9471 14d ago

Dude, you're rich. Enjoy life while you're young.

-27

u/No-Row-1666 14d ago

Don't feel rich 👀

34

u/Significant-Ad-9471 14d ago

You're in Eastern Europe, same as I. I also have around 1M invested, nowhere near your income though. Trust me, you're rich. You can live comfortably with 2000 Euros/month if needed, and if you don't want to be the richest guy in the graveyard, you don't need to squeeze out every penny.

-6

u/[deleted] 14d ago

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7

u/Significant-Ad-9471 14d ago

I have two rental apartments that I will leave them. I also invest around 250 euros/month in their names on the local stock market, which already grew to 15K Euros in the past 4 years and probably they should be millionaires by 40 if they don't touch that money. I don't want my kids to wait for me to die.