Home topics start-up-entrepreneur Finance Startup Superannuation/SMSF Finance Let millennials use super to start a business Clayton Howes August 15, 2016 What if we could start putting superannuation to better use? The internet has changed the way we view and treat money. Paypal pioneered the idea of sharing money online, while services like ApplePay allow consumers to ditch their wallets for good. Yet when it comes to superannuation, we may be leaving some benefits on the table. Certainly we’re better off with super – millennials who contribute to their super today will have the comfort of knowing they won’t be burdened financially in retirement. But at the same time, it would be fair to say that young people are a little disconnected from their super. Many know it exists, but not how it works. Most don’t even know their balance, or care a great deal at this stage of their lives, truth be told. And the bottom line is that it doesn’t matter how effective a financial instrument might be for creating wealth, if that financial instrument simply isn’t actually used to effect. So what if there was a way to put this particular financial instrument to better use – a use that made more sense according to the entrepreneurial approach of the growing millennial generation? A new way to build wealth Young Australians as a whole may not yet be interested in saving money for their retirement. But they have been found to be interested in innovation and creating new