The 500 is required per year with 10% inflation, 43,66 per month.
No, the inflation rate at 10% means that if expenses are 5000 a month today, they will be 5500 a month next year. It will increase by 44 per month for 12 months.
Flights and accommodation are expensive, plus there are all the other factors involved and travelling with a child changes things too. All to just "be away" it seems very expensive.
Thanks for clarifying. I see now, huge jump in monthly expenses.
I know what you mean. Traveling with kids is very expensive, plus going during school terms etc is something that drives prices up.