Kathleen Pagan, 34
CEO & Creative Director, Endlessly Elated
Having jumped from corporate finance to lifestyle blogging, Kathleen Pagan knows a thing or two about building your own empire. With the goal of encouraging equality and helping women in the workplace achieve whatever they set their minds to, Pagan has launched an initiative called “The Fem Think Tank,” which allows women to come together and share their career ups and downs to learn for each other how to face them head on. “Don’t let the beliefs of others define you,” says Pagan. “We are strong women and we will always prevail.
1. What made you choose this career path? What has been your greatest achievement?
I started my company after my dad’s passing in 2012, which was a defining moment, to say the least. It was the first time in my life that I stopped ‘doing’ and starting ‘questioning.’ My dad passed away at the age of 62 so for me it became a period of “am I?” I began to ask “am I doing what I want in life? Am I living to my fullest potential?” In search, I realized that although I was blessed with a supportive family, great friends, and an amazing boyfriend (then turned husband) something didn’t feel right. I felt like I wasn’t doing my life’s work. So, just weeks after my dad’s passing, I founded Endlessly Elated (a name I chose to ensure it was a daily reminder to live a fulfilled life) and the rest is history.
I’d say my greatest achievement came the day I decided that those three little words “believe in yourself” weren’t going to be words, but rather actions I lived by. It took me a long time to believe that I could do and be whatever I wanted to. I lived my whole life subconsciously putting limitations on myself, not because of the naysayers but because of my own preconceived notions. It’s my greatest triumph to have found my purpose and live life on my own terms.
2. What’s the biggest criticism/stereotype/judgement you’ve faced in your career?
I was told I was ‘too agreeable’ to ever hold a leadership position let alone be a CEO.
3. How did you #SWAAYthenarrative? What was the reaction by those who told you you “couldn’t” do it?
The biggest stereotype I’ve ever been faced with has been that as a woman in the workplace I need to be ‘bitchy.’ That people need to ‘fear me’ in order for me to be perceived as a suitable leader. A few years back, I sat in an office for a year-end review and was told that due to my lack of leadership qualities or how she verbalized it, “you’re just too nice, Kathleen,” I would deter myself from any career progression and due to this unfortunate fact, I either shaped up or would inevitably get fired. As I played the conversation in my head, I realized that my choices were either to become her or continue to be me. When in doubt, always choose yourself.
Needless to say, I never got fired, I moved onto various other positions, had the most amazing managers and after my recent resignation a beautifully, poised email from my current boss came out stating that although she was so sad to see me go, she was extremely proud of me and was fully supportive of all my endeavors. Now that’s a girl boss!
4. What did you learn through your personal journey?
Simple. I created my own. I wasn’t going to let the opinions of those who wanted to categorize me into the “she’s too nice” or the “she’s not bossy enough” boxes write my narrative. I took a stance to ensure that no one mistaken my kindness for weakness or my “lack of bossiness” for self-confidence. My story is mine and mine only. No one gets to write it but me.
5. What’s your number one piece of advice to women discouraged by preconceived notions and society’s limitations?Believe it or not, I often think about this question and I always find myself asking the women around me the same thing. Limiting beliefs can come from the least expected places sadly sometimes from the people closest to. Don’t let the beliefs of others define you. Don’t let your circumstances limit you. Don’t let your skin color and ethnicity be a label for who you are. We are strong women and we will always prevail. In the great words of Shonda Rhimes “Not to get all Beyoncé on you, But [we] woke up like this!”
It isn't always easy to stay on top of your finances, especially when you have developed unhealthy spending habits over the years. However, as you begin to realize the many benefits of having healthy finances, it can become something you want to make a conscious effort to improve. When your finances are in a good place, you often have access to better opportunities whether it be a mortgage loan, greater credit line or business loan. On that note, here is how you can become an expert at managing your finances in case you need a few tips.
Learn to Use Technology
The good thing about managing finances in the technological age is that you don't have to do it alone. There are so many apps available that will help you pay bills on time and track your expenses. For instance, some apps force you to live within your actual income and tell you what to do when you need to balance your budget.
If you need an app that will help you get better at saving, then some will set aside your spare change for you. Also, don't be afraid to use more simple tools such as your smartphone calendar to set reminders about payments if you don't automate them.
Seek Legal Advice
Sometimes, being an expert at something means understanding that you can't possibly know it all. This is why you have professionals around you that can help fill in the gaps where you're lacking. Consider hiring a legal firm to help with any challenges that are beyond you. Lexington Law is a good firm as they could help remove negative items from your credit report. Read this Lexington Law Review (Our #1 Credit Repair Service of 2019) to find out more about how they could help improve your finances.
You can't do better than what you know when it comes to managing finances. You should, therefore, invest your time in learning more about finances and how to manage them. Think about what your goals for your finances are and what knowledge gaps you need to fill.
For example, if you want to invest in the stock market so that you can improve your net worth, then you may need to learn more about investing to do so successfully. To boost your knowledge, try reading articles on credible blogs that share finance information from professionals. Also, be weary of content from finance-driven companies as it could be biased.
Work on Growing Your Income
As a self-proclaimed finance guru, you know that the more sources of income that you have, the better. Work on increasing your streams of income so that you have more money to meet your targets whether it's to save for a property or put larger sums towards retirement. One way to do so would be by getting extra income by doing social media marketing for businesses or creating tutorials on YouTube. If you own a property, renting out rooms is a great way to make passive income.
Live Within Your Means
It can be difficult to live within your means when you live in a society that is always presenting you with things to buy. However, being more conscious about the things that you purchase could help you realize that most are wants rather than needs. To live within your means, always take time to think about a purchase as opposed to impulse spending. You should always get good at bargain hunting as many times you can find items of similar quality at a cheaper price.
Learn How to Manage Debt
Debt doesn't have to be a bad thing if you understand how it works and how to manage it. It can be a tool for credit building when you understand the fundamentals. For instance, if you take out a loan or credit card, always be mindful of your interest rates.
By paying the amount of money you borrowed back in full before the due date, you won't have to pay interest on what you borrowed. If you can't pay back in full, paying more than the minimum payment will ensure you incur less interest. For the most part, the secret to good debt management is never spending more than you can afford to pay back.
Managing finances is a life skill that can help improve your quality of life. By following the mentioned tips and taking your finances more seriously, you're more likely to master the art of healthy finances.