Guns N' Roses' Duff McKagan Sets Up Financial Planning Firm

A man who once drank so much his pancreas expanded to the size of a football might not be everyone's first choice to guide them around the sober world of financial planning, but former Guns N' Roses bassist Duff McKagan is banking on his hard-won real world experience to secure clients for his new business venture.

The hard rock hero has recently unveiled Meridian Rock, Digitalspy reports, a new money management company aimed specifically at musicians. The idea of entrusting personal financial decisions to one half of the rhythm section in one of the most notoriously debauched bands in living memory isn't actually as outlandish as it might initially seem. McKagan has studied money matters at Santa Monica Community College and Seattle University's Albers School of Business, and writes a column for Playboy.com called Duffonomics.

The bassist's interest in economic issues began in 1994, following the aforementioned near-death experience. "I'm not a financial planner -- I was just trying to figure this out for myself," explained McKagan to Fortune magazine. "I didn't want to be 60 years old and broke, having made all this money in my 20s. That was my simple goal."

Having educated himself about the best way of hanging onto his 'Appetite for Destruction' millions, the veteran axeman is now setting out to give something back to his rock'n'roll peers. With the days long gone when successful bands would be afforded endless time and limitless funds by record companies to produce follies such GN'R's 15-years-in-the-making post-McKagan opus, 'Chinese Democracy,' McKagan presumably won't be short of customers seeking to make their filthy lucre go a little further.

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