Dina and Bill, who have two teenagers at home, Jasmine and David, have a combined annual income of $105,000. They bought their house ten years ago for $154,000, which carried an initial mortgage of $130,000. They have done some renovations to the house, some which ended up being incomplete, such as for the kitchen, because they ran out of money. Those renovations plus some bigger ticket items, such as vehicles, they have since rolled into their mortgage.