20.0-Megapixel camera that's good on your budget. You can then get a good memory card and a case for it Nikon - Coolpix L840
A camera right on your budget with some wiggle room to get accessories. This camera is able to compete with most professional MFT cameras that cost 4 times as much. (pricier alternative Canon - PowerShot SX530)
Always look for second hand, take a friend with you who knows cameras. Ask for a recent unedited photo of any prospective SLR to get an idea of shutter count (you can upload this photo online; there are free tools to work it out).
I got my first D70 and 50 1.8 for $200AUD $150ish USD second hand. There was some haggling but I always loved that camera.
Personally I would prefer a 10 year old SLR to most modern point and shoots. I prefer the ergonomics (and now I have plenty of glass for 'em too). Check around and see! And don't forget, many people on classifieds ads are desperate, especially if the gear is a little older! Don't be afraid to haggle.
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