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    Savemoney

    Savemoney

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    Chicago's creative family tree

    Chicago, Illinois, United States·Est. 2008·Independent

    7

    Members

    Community

    About

    Savemoney remains an active force in the music industry today, functioning as a flexible collective rather than a rigidly structured group. Current projects often see core members collaborating on individual solo ventures while maintaining the group's spirit of shared creativity. The collective is best known for bridging the gap between underground Chicago drill and mainstream gospel-infused hip-hop, achieving critical acclaim without relying on major label machinery.

    Their success is measured not just in sales but in the cultural shift they sparked within the genre. Fans relate to the group through their emphasis on authenticity and community service, particularly via the Savemoney Savelife Foundation. While individual members pursue diverse paths, the bond formed in 2008 continues to drive their collaborative output, ensuring the name Savemoney remains synonymous with high-quality, soulful production.

    Formation Story

    The roots of Savemoney stretch back to 2008 on Chicago's South Side, where rapper Vic Mensa gathered a tight-knit circle of friends who would eventually reshape the city's musical landscape. What began as a social group evolved organically into a musical entity, with the name "Savemoney" adopted as a moniker for this expanding family. Unlike groups formed through formal auditions, these members grew up together, sharing a neighborhood and a vision before any record was pressed.

    Nico Segal, known professionally as Donnie Trumpet, played a pivotal role in shaping the collective's early sound. He launched the sub-unit Kids These Days in 2011, releasing the Hard Times EP followed by Traphouse Cuts and Traphouse Rock in 2012. Although Kids These Days dissolved as a formal unit in 2013, the core members continued to collaborate under the broader Savemoney banner. This period laid the groundwork for the even more ambitious Social Experiment project, which emerged around 2014 and released the acclaimed album Surf in 2015. The collective's trajectory shifted dramatically in 2016 when Chance the Rapper released Coloring Book, a project heavily featuring Savemoney affiliates that brought the group global attention and multiple Grammy wins.

    Members

    Sub-Units

    Kids These Days (2011)

    Nico SegalVic MensaChance the Rapper

    Social Experiment (2014)

    Nico SegalChance the Rapper

    Musical Style

    The collective's sound is deeply rooted in Chicago Hip-Hop, blending elements of Gospel, Jazz, Funk, and Alternative Rap. Early tracks from 2008 to 2012 were characterized by raw, gritty drill beats mixed with conscious lyricism, reflecting the local scene's intensity. As the group matured, the introduction of live instrumentation became a hallmark of their style.

    From 2013 onward, led by Nico Segal and Thelonious Martin, the sound shifted toward a soulful, jazz-infused aesthetic. Trumpets, saxophones, and organs became prominent, giving their music a warm, organic feel that stood apart from the synthetic production common in mainstream rap. By 2016, the collective embraced a polished yet spiritually grounded approach, collaborating with pop and R&B artists while retaining their Chicago roots. This evolution allowed them to maintain artistic integrity while reaching a wider audience.

    Discography

    TitleYear
    Hard Times2011
    Traphouse Cuts2012
    Traphouse Rock2012
    Surf2015
    Live from 5042026

    Tours

    Social Experiment Tour

    2015 · Variable shows

    Cultural Impact

    Savemoney proved that independent artists could achieve critical and commercial success without major label backing. Their "family-first" approach to music production prioritized collaboration over competition, influencing a generation of rappers to work together rather than against each other. The group revitalized the Chicago hip-hop scene, bringing gospel influences back into the mainstream and challenging the dominance of gangsta rap narratives.

    Beyond music, the collective made waves in fashion and social activism. Members like Vic Mensa and Chance the Rapper became style icons, using their platforms to address police brutality and education reform. The Savemoney Savelife Foundation further cemented their impact by providing medical care and resources to underserved communities in Chicago, demonstrating that their influence extended far beyond the recording studio.

    Fandom Culture

    Savemoney does not operate with a traditional fandom structure like K-pop groups, lacking an official fan name, lightstick, or designated fan color. Supporters generally identify themselves as part of the broader "Chicago Hip-Hop" community or as fans of individual members. Fan traditions center on attending meet-ups and supporting the charitable initiatives of the Savemoney Savelife Foundation. The community is known for its loyalty to the group's ethos of independence and artistic freedom, often celebrating the collective's ability to succeed outside the corporate system.

    Awards Won (16)

    While the collective itself does not receive awards as a single entity, its members and associated projects have won numerous prestigious accolades. Most notably, Chance the Rapper won four Grammy Awards in 2017, including Best New Artist and Best Gospel Album for Coloring Book. Other wins include the Billboard Music Award for Top New Artist and the BET Award for Best New Artist, all highlighting the collective's massive impact on the industry.

    2017

    Best New Artist

    for: Chance the Rapper

    2017

    Best Rap Song

    for: All Night

    2017

    Best Rap/Sung Performance

    for: Ultralight Beam

    2017

    Best Gospel Album

    for: Coloring Book

    2017

    Top New Artist

    for: Chance the Rapper

    2017

    Best Hip-Hop Video

    for: No Problem

    2017

    Best New Artist

    for: Chance the Rapper

    2017

    Outstanding New Artist

    for: Chance the Rapper

    View all 22 awards, honours and achievements

    Milestones

    2008

    Collective founded by Vic Mensa

    2011

    Release of Kids These Days' Hard Times EP

    2015

    Social Experiment releases Surf album

    2016

    Chance the Rapper's Coloring Book brings collective mainstream breakthrough

    2017

    Three Grammy wins for Chance the Rapper and Savemoney-affiliated tracks

    Trivia

    The name "Savemoney" originated as a joke among friends about saving cash for future projects before becoming a permanent moniker., Nico Segal is the only member who plays multiple instruments professionally, often serving as the musical director for live performances., The collective's foundation, the Savemoney Savelife Foundation, provides medically tailored meals to residents in need., Despite having many associates, the core creative team for major releases typically consists of Vic Mensa, Chance the Rapper, and Nico Segal., The transition from Kids These Days to Savemoney was not a breakup but a natural evolution into a more flexible structure.

    Keywords

    Chicago Hip-HopGospel RapVic MensaChance the RapperSocial ExperimentKids These DaysIndependent MusicSoulful Hip-Hop

    Sources

    Quick Facts

    Origin
    United States
    Genres
    hip-hop
    Members
    7
    Status
    Active

    Group Info

    Formed
    2008
    Debut
    2011-05-01
    Debut Song
    Hard Times (EP)
    Origin
    Chicago, Illinois, United States
    Company
    Independent
    Label
    Self-released / Warner Music Group (select releases)
    Status
    Active

    Also Known As

    SaveMoneySAVEMONEY

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