Do This to Achieve Financial Independence as a Project Manager - Weekly Newsletter


Welcome to our weekly newsletter!

16 February 2025

Hey friend,

I wrote a note on Substack about a poem that a friend wrote. After years of writing she wrote something so beautiful it sparkled. But it took thousands of reps to get there. I won't give up on my own career until I get there. You shouldn't either.

Some Thoughts

"The bad news is time flies. The good news is you're the pilot." - Michael Altshuler

Time is running away from all of us, so we need to be intentional with it. You may not be able to stand up and walk away from your desk. But you might be able to negotiate time to take your kids to school. You might not be able to retire by 30, but you might be able to save up enough to take a bucket list trip. Create more intentionality in your time and don’t let it get away from you.

What you will learn this week:

☀️ Why financial independence is so important.

🌍 How best to achieve that wonderful goal of freedom.

🍄 BONUS - The right way to split up your personal budget.


Do This to Achieve Financial Independence as a Project Manager

It always seems like we are on the brink of being financially free. Until something happens. Usually an unexpected, large bill.

You think to yourself; “If I had just managed to avoid it I would have had a good month”.

It’s easy to feel like giving up.

But it is possible to achieve financial independence so don’t stop chasing.

It’s possible through strategic career development, smart financial planning, and diversifying income streams.

Achieving Financial Independence as a Project Manager

Here’s a step-by-step guide to help you reach that goal:

1. Enhance Your Skills and Certifications

  • Get Certified: Project Management Professional (PMP), Certified ScrumMaster (CSM), or Agile certifications can increase your marketability and allow you to command higher rates. See what your industry requires.
  • Specialize: Specializing in a high-demand industry, such as IT, software development, or marketing, can give you a competitive edge.

Soft Skills: Don’t underestimate these.

...


You might enjoy this:

I found something so useful that I had to share it! Because goodness knows we all need to up our income. Get a FREE list of 50 ideas for a side hustle that you can start today with zero budget. Plus tools to help you get started!


Postscript

Do your values align with those of your team? Do your team’s values align with those of the wider organisation? When values clash, there is constant frustration. But discussing values is difficult. And uncomfortable. However it should be done. Take the time to periodically (perhaps once a year) setup the values of your team. It’s not easy, but the benefits in daily frustration are huge.

Until next time,

Jonathan (The Effective Project Manager)


Let me know what you thought of this email - I read every reply.

Share this email with your friends here.


Unsubscribe · Preferences

The Effective Project Manager

🌱Manage your projects better, in less time. 🥇Live a life free to do what you love.

Read more from The Effective Project Manager

Welcome to our weekly newsletter! 13 July 2025 Hey friend, From next week I will be switching up the format of this newsletter a bit. I think it's time for a change. I want to make it more focused on you getting one or two actionable insights per week. I want you to learn everything you need to know in the newsletter and then read the longer article if you want to go deeper. I hope you enjoy it. Some Thoughts Trouble is opportunity. When things go wrong in your project as they inevitably...

Welcome to our weekly newsletter! 6 July 2025 Hey friend, How do you feel about creating social media content? Instagram, LinkedIn, TikTok etc? I ask because so many of the project managers I coach absolutely hate the idea of creating media. The unfortunate truth is that creating media creates brand. And brand is important in traditional as well as new job markets. Some Thoughts I listened to some research around presidential candidates around the world. The research shows overwhelmingly that...

Welcome to our weekly newsletter! 29 June 2025 Hey friend, So I was walking in the rain (I'm like a duck it seems) and I was thinking about how to learn better. Specifically with audio. The only real form of audio learning is podcasts and ebooks. On-demand learning is now easier than ever with ChatGPT and its friends. But mostly in the written word. YouTube is there for video but nothing great exists for audio. Got any suggestions? Some Thoughts The most important project management skill is...