A 20-year-old Aussie who started flipping burgers at Macca’s when he was 14 has revealed how he climbed the ranks and bought four properties.
Max Jennings, from Adelaide, starting working at McDonald’s, in Noarlunga, in 2016 and became determined to save some cash.
Seven years later and just shy of his 21st birthday, the youngster is the proud owner of four properties.
Mr Jennings started out at the fast food chain as a crew member and said he began saving money from his earnings each year.
“I was working after school, every weekend, and public holidays to save as much money as possible. I sat down with my mum, created a budget and a savings goal,” he told the Advertiser.
Mr Jennings was promoted twice in six years, first to shift manager and then to department manager.
When he was just 18 years old, he bought his first home. Now, he owns two residential and two commercial properties in regional SA.
“Combined, they cover my living expenses each week which has been my goal since I bought the first property,” he told the publication.
Mr Jennings had a few tips for young people who wanted to save some extra cash, saying it was important to save for “future you”.
He recommended depositing savings into a high-interest bank account, while keeping a separate account for week-to-week expenses.
“Don’t get into any debt that doesn’t make you money,” he added.
“With my properties, I will only buy something which puts money in my pocket. Using leverage should increase your income and net worth.
“Look for mentors and ask questions. Often people like helping younger people get ahead, but we can sometimes be too proud to ask.”
Mr Jennings said there were plenty of opportunities to seize at McDonald’s, even if you start out working the checkout or flipping patties, but climbing the ranks took dedication.
“The opportunities for career progression are one of the aspects I love the most about Macca’s,” he said.
“If you have the drive and appetite for success, you can go really far at McDonald’s — the only person who limits you is yourself.”
In his spare time, the 20-year-old volunteers twice a week at an aged care home, playing bingo and chatting with the elderly.
“I have been incredibly blessed in my life, so being charitable made sense to me,” he said.
“I don’t think many 20-year-olds can say that they have a 90-year-old friend. That is something that I really cherish.”