The song "Cheap Cheap" by Felly and Jack Harlow is about their success in the music industry and how they have become wealthy, despite not being taken seriously in the past. The lyrics describe their newfound confidence and swagger, as they boast about making millions and being with beautiful women. They also use clever wordplay and metaphors to convey their message, such as comparing their money to a suburban neighborhood and their women to pearls. Overall, the song is a celebration of their success and a warning to those who underestimated them in the past.