While her last single "thank u, next" was a song dedicated to her ex-boyfriends, "7 Rings" is an anthem for friendship and "a flex," she said.
"We had too much champagne. I bought us all rings." she said. "It was very insane and funny. [And] on the way back to the [studio] Njomza was like, 'B----, this gotta be a song lol.' So we wrote it that afternoon."
The lyrics to "7 Rings" mostly involve buying expensive things, in an ode to Julia Andrews' "My Favorite Things." It also has references to Breakfast at Tiffany's, which Grande has a tattoo dedicated to.
She sings about her success "Lashes and diamonds, ATM machines / Buy myself all of my favorite things" and her resilience to the hardships she's been through, like her breakups and the death of her ex-boyfriend Mac Miller "Been through some bad shit, I should be a sad b---- / Who woulda thought it'd turn me to a savage?"
But while it's all about embracing a new chapter, "7 Rings" is also making fans feel a little poor especially when she says her receipts "be lookin' like phone numbers," and "Whoever said money can't solve your problems / Must not have had enough money to solve 'em."
Fans are taking to Twitter to talk about feeling broke after listening to the new track.
One said: "Wow, Ariana really just said "my receipts be lookin like phone numbers." Go off, Ari, go off."
Another tweeted: "Me listening to #7rings knowing my bank account is empty."
Another said: "Me listening to Ariana call me a broke b---- for 3 minutes."
Meanwhile, another joked that they were singing along to the anthem despite having just $5 in their bank account.
As well as six of her friends Tayla Parx, Rim Taya Shawki, Victoria Monet, Njomza, Alexa Luria, and Courtney Chipolone, the video for "7 Rings" also features Grande's dog Toulouse.
Grande tweeted that he wasn't supposed to be on set, "but he literally wouldn't leave me."
The track is the second single from Grande's upcoming album, "thank u, next." Here's the full video.