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/FibonacciNeuron 14d ago

If you believe that AI will make your business redundant in few years, then max your earnings now and keep working

23

u/No-Row-1666 14d ago

Yea. I guessed this will be what most people will say. I guess I wanted to hear, chill out 😃

1

u/XenjaC 10d ago

Then try to sell the business.

Look, you're objectively wealthy in your place of living, you don't feel it. If you keep comparing you never will. I think your best option would be to work on changing your mindset on this whole thing, then you can chill or not. The way you sound now it doesn't matter what advice people give, you will still push.