New car, new girl
New ice, new glass
New watch, good times babe
It's good times, yeah

from Frank Ocean (Ft. Earl Sweatshirt) – Super Rich Kids Lyrics on Rap Genius

The “super rich kids” are constantly used to getting the best of everything whenever they want, making such items lose their value. A new car or a new girl could be sources of pleasure for a poorer person, but to the super rich kids, who want for nothing, such things are commonplace.

Additionally, “new ice, new glass,” a street term for crystal meth, likely refers to the drugs that Frank and his friends do to save themselves from their own boredom.

A sample in the background around this line also features JJ from the show “Good Times” saying “Dy-no-MITE”, going back to the theme of sitting in front of the TV. It is particularly ironic, as that TV show was about a poor family in the projects.

The phrase could also be a double entendre, referring back to the watch Frank mentions earlier in the song.

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