Flipping Burgers to Flipping Millions: A Guide to Financial Freedom Whether You Have Your Dream Job, Own Your Own Business, or Just Started Your First Job

Flipping Burgers to Flipping Millions: A Guide to Financial Freedom Whether You Have Your Dream Job, Own Your Own Business, or Just Started Your First Job

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by Bernard Kelly
     
 

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An easy-to-read guide to the four stages of a successful financial life

Bernard Kelly started his professional life cooking French fries at McDonald's. While his first paychecks were modest, he hoped that the small amounts he set aside from each would one day lead to the financial freedom he desired.

A few short years later, Kelly's work ethic and dedication

Overview

An easy-to-read guide to the four stages of a successful financial life

Bernard Kelly started his professional life cooking French fries at McDonald's. While his first paychecks were modest, he hoped that the small amounts he set aside from each would one day lead to the financial freedom he desired.

A few short years later, Kelly's work ethic and dedication have fueled his rise from fry cook to Operations Consultant at McDonald's. At the same time, those early savings have grown into the kind of personal wealth many of us dream of achieving one day. In Flipping Burgers to Flipping Millions, Kelly shares the easy-to-understand principles at the heart of his professional and financial success—ones influenced by his experience working for the most successful restaurant business in the world—and gives you a game plan for how to use them in your own life.

Are you just starting your career Perfect. Kelly will introduce you to the the four stages of a successful financial life—Right Now, Quality of Life, Retirement, and Legacy—and explain how to navigate them. Starting a little bit later That's OK too. Kelly will help you figure out how to get back on track on your path toward financial security.

Presented in an engaging and jargon-free voice, this book will capture your imagination, change the way you think about money, and show you that financial freedom is possible—not just for other people, but for you.

Editorial Reviews

Publishers Weekly
Kelly started working the fryer at McDonald's just out of high school, was promoted to store manager at 25, and now at 30, he's an operations consultant overseeing six stores and his net worth is more than 30 times the median net worth of his peers—all through sheer not hard work. He sets out to tell readers how they can become financially free, even if they're flipping burgers—but succeeds only in presenting the basics vaguely and without nuance. He touches briefly on the virtues of financial freedom, hard work, creating financial goals, living below your means, and retirement planning—but barely scratches the surface on any subject. Kelly squanders his opportunity to really mine his experience for sound advice, instead he fritters away the reader's patience with odes to his employer, a self-important tone, and the barest of financial advice. (May)
Kirkus Reviews

A McDonald's employee saves his money and writes a financial-advice book.

Career McDonald's employee Kelly has turned an average job into a financial success, and he lays out the simple steps that have allowed him to do so. The author begins by writing of the desire for financial freedom that he first felt at the young age of 17, which led him to forgo his plans to backpack across Europe and fill out a McDonald's application instead. There are three paths to financial security, Kelly writes, and they are all based on the assumption that one can earn a 7 percent return on investment during the first 8 years of a savings program, and 10 percent every year thereafter. There's the good option, which would require readers to stow away 10 percent of every paycheck for 8 years; the better option, which would see them banking 20 percent; and the best option, which would require readers to live on $1,430 a month, averaging 44 percent savings over 8 years. The author recognizes that the high interest rates he cites sound unrealistic, but he writes that investment in McDonald's stock can provide that type of return. This is not the only instance in which the author glorifies his employer—the entire book is rife with pro-McDonald's sentiment. Kelly's prose is straightforward and simple, much like the book's content, and his tough-love approach to savings is particularly resonant, if a little disheartening, in the current economic climate.

One question remains: Isthis a financial self-help resource or a slick McDonald's PR campaign?

Product Details

ISBN-13:
9781401324209
Publisher:
Hachette Books
Publication date:
05/10/2011
Pages:
176
Product dimensions:
5.50(w) x 8.50(h) x 0.66(d)
Age Range:
18 Years

Related Subjects

Meet the Author

Bernard Kelly serves as Operations Consultant for McDonald's Australia and lives in Sydney with his family.

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Flipping Burgers to Flipping Millions: A Guide to Financial Freedom Whether You Have Your Dream Job, Own Your Own Business, or Just Started Your First 4 out of 5 based on 0 ratings. 1 reviews.
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