Hey folks, in this video, I delve into the concept of the Financial Independence (FI) ratio, a key metric in the FIRE (Financial Independence, Retire Early) movement. I explain how achieving a 100% FI ratio means your passive income covers all expenses, enabling potential early retirement. I also touch on using tools like Quicken to track financial metrics like income, expenses, and net worth to work towards financial independence. Join me as I discuss the balance between focusing on growth and generating passive income for a secure financial future.