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I got very close very quickly with the producers, songwriters and artists at this year’s BMI R&B and Hip Hop Awards. Right off the bat we were talking about money and nicknames and it doesn’t get more personal than that!

Watch: See the new Jay Z and JT video now!

Since the event was honoring Birdman and Slim of Cash Money Records, I asked attendees not only what their first big purchase was but if they still use it! Find out who bought houses, cars or things for their moms! Awww! Plus, find out which star bought a BMW and now has no idea where it is. Oops…

OK! News: Find out what Fergie named her new baby boy

What was the first item you splurged on? Tell us in the comments below or on Twitter @OKMagazine.

MORE VIDEOS YOU HAVE TO SEE:

* IS WORKING WITH SCOOTER BRAUN PARADISE OR PUNISHMENT? SEE WHAT CODY SIMPSON HAS TO SAY!

* MEET DARREN CRISS’ VMAS DATE!

* WHICH SILLY MOVIE IS A FAVORITE IN THE MANZO HOUSE?

Download this week's issue of OK! Magazine for only $1.99
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