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&lt;p&gt;Are you a rock star without a clue how to take care of your finances? If so, Duff McKagan, the ex-Guns N&#39; Roses and Velvet Revolver bassist, might be able to help.&lt;/p&gt;&lt;p&gt;&lt;img class=&quot;embeddedObject&quot; src=&quot;http://content.screencast.com/users/dloos/folders/Jing/media/10a9affc-9c90-458e-a3c9-6e0c62a2c66a/00000253.png&quot; border=&quot;0&quot; alt=&quot;&quot; width=&quot;197&quot; height=&quot;330&quot; align=&quot;left&quot;&gt;McKagan, 47, had an ephiphany some years back after his pancreas exploded and he was in his basment filing through some old GN&#39;R financial statements.&lt;/p&gt;&lt;p&gt;&quot;I couldn&#39;t make sense of it. I didn&#39;t know how much we had made or lost on the tour,&quot; McKagan recalls. &quot;As a 30 year-old millionaire, how do I admit to somebody that I don&#39;t know what the f*&amp;amp;! I&#39;m doing?&quot;&lt;/p&gt;&lt;p&gt;This confusion led to McKagan taking some financial courses at Santa Monica Community College and then at Seattle University&#39;s Albers School of Business (a Velvet Revolver tour was the cause for McKagan&#39;s pause in his studies; he&#39;s just a semester shy of earning his business degree).&lt;/p&gt;&lt;p&gt;Thanks to his studies (both in the classroom and out), McKagan has become a rather adept money manager. In fact, he&#39;s earned such a sound reputation among other rock stars that he often receives calls from fellow musicians soliciting his financial advice. He also pens a column in &lt;em&gt;Playboy&lt;/em&gt; called &quot;Duffonomics.&quot;&lt;/p&gt;&lt;p&gt;More recently, McKagan&#39;s interest and prowess in financial advisory has led to his partnering up with British investor Andy Bottomsley to start a money management firm called Meridian Rock -- whose three tenents are &quot;righteousness (i.e., not screwing people over), transparency, and education.&quot;&lt;/p&gt;&lt;p&gt;According to McKagan, what sets Meridian Rock apart from other money management firms is his understanding of the industry. For example, the bassist believes that &quot;most bankers overestimate the &#39;window&#39; in which music acts are guaranteed income, which he places at three to five years.&quot;&lt;/p&gt;&lt;p&gt;He also believes that the musicians themselves incorrectly estimate this window. &quot;You think the money is going to keep coming,&quot; he says. &quot;When you get that big contract, or your record goes platinum and you&#39;re selling out concerts, you don&#39;t see that it&#39;s going to end.&quot;&lt;/p&gt;&lt;p&gt;(Fortune)&lt;/p&gt;

Derek Loosvelt

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