Saving all my money just to waste on a bracelet

from Childish Gambino (Ft. Hypnotic Brass Ensemble & RZA) – American Royalty Lyrics on Rap Genius

Instead of spending his money on a chain, CG would rather spend it on a bracelet.

Apparently, so would his “Gambino girls”.

Also this is referencing the previous reference to Ace of Spades. Gambino is frugal throughout the week (“saving all my money”) only to spend it drinking expensive champagne at the club (you must purchase a bracelet as cover to go into and subsequently drink alcohol at many hopping nightclubs).

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