bonk, billystyle, sage & onion: Thanks for the valuable feedback :) Here is how I did the maths. Let me know if I went wrong anywhere: Annual expenses Rental: 150,000 AED School fees: 20,000 AED Transportation: 24,000 AED Food: 36,000 AED TOTAL expenses: 230,000 AED = 62,710 USD So an annual pac...