Nikki Sixx Admits He Blew His Savings Account Due To Substance Addiction

Mötley Crüe bassist Nikki Sixx gave an interview to The Eddie Trunk Podcast in which he confessed that he used all of his savings back in the day due to his substance addiction.

As you probably know, Nikki Sixx developed a heroin addiction during his career in Mötley Crüe. Sixx’s drug addiction was so severe that he wasn’t able to maintain self-control. Once, he was even declared clinically dead for two minutes after a heroin overdose.

To shed light on his struggles with addiction, Sixx published his autobiography titled ‘The Heroin Diaries: A Year in the Life of a Shattered Rock Star’ back on September 8, 2007. As of today, the musician has been clean for 20 years. 

More recently, the guitarist published another book titled ‘The First 21: How I Became Nikki Sixx’ on October 19. In the memoir, Sixx shared some stories from his childhood and talked about his career path, which led him to become an iconic guitarist.

During his appearance on The Eddie Trunk Podcast, Nikki Sixx revealed how he saved money to keep himself financially stable even during hard times. Eddie Trunk then told the musician it’s a remarkable achievement as he was struggling with substance addiction during the ’80s and ’90s.

Following that, Nikki Sixx confirmed he was in an awful position due to his drug abuse. Eddie Trunk then told him that drug abusers are often broke and applauded him for successfully overcoming that. As a response, Sixx admitted that he blew his savings when he was using drugs but managed to get back on his feet.

Nikki Sixx told Eddie Trunk during the podcast that:

“Very early on, I had a strategy on how to do without, to save. So as many times in my life, I was doing without. I wasn’t getting the house that I wanted to get, I didn’t go to the places I wanted to go.

I didn’t spend the money that I wanted to spend because I was saving it. It continued to grow. So, when there were some really lean Mötley Crüe years, I was fine.”

After Trunk told him that’s amazing considering his struggle with addiction, Sixx said:

“It got put in place early. So it was kind of like part of a system. Yeah, when I was whacked out, I wasn’t doing as good.

After Eddie Trunk noted that addicts are often broke, Sixx admitted the following:

When I was using, I blew through a lot of my savings. I was spending a lot of money, but I was also making money. So, there was a cash-flow thing.

So, the reason for telling you that is, I felt compelled to write some sort of a short book on that strategy. It’s working, and it’s worked for other people and people in the industry.”

As Nikki Sixx said, it seems he revealed his strategy in his book. Besides, the bassist’s statements reveal the extent of his drug addiction as he used a significant amount of his money on drugs in the past.