How a 20-year-old McDonald’s worker bought four properties in South Australia – Max Jennings shares his tips on how young Australians can save money
How a 20-year-old McDonald’s employee bought four properties in South Australia – Max Jennings shares his tips on how young Australians can save money
- Max Jennings, 20, owns four properties
- He is a McDonald’s department manager
A 20-year-old McDonald’s employee who owns four properties has shared his top tips on how young Aussies can get ahead with their finances.
Max Jennings started working at McDonald’s in Noarlunga in South Adelaide in 2016 when he was 14 years old.
Mr Jennings said he was doing everything he could to save as much money as possible as an investment in his ‘future’ self.
“I worked after school, every weekend and on holidays to save as much money as possible. I sat down with my mom, made a budget and a savings goal,” he said The advertiser on Friday.
Mr. Jennings is now almost 21 years old and owns two residences and two commercial properties in regional South Australia.
Adelaide man Max Jennings (above) bought four properties as a 20-year-old McDonald’s employee
Mr Jenning’s property portfolio consists of two residential and two commercial properties in regional South Australia (stock image)
He bought his first house when he was only 18 years old.
“Combined, they cover my living expenses every week, which has been my goal since I bought the first property,” he said.
He attributes his success to hard work after starting out as a crew member at McDonald’s and working his way up to department manager in six years.
His next goal is to take on a leadership role as an assistant restaurant manager at the fast food chain.
For young Aussies looking to enter the real estate market, Mr. Jennings has four tips: think of saving as an investment in “future you”, don’t go into debt that doesn’t “pay you”, stick to your budget and ask others for advice.
Mr Jennings said he got to where he is today through hard work, sticking to a budget and savings targets