I don't know how to tell her I didn't get that raise in pay today
And I know how much she wanted the dress in Baker's window,
And it breaks my heart to see her have to wait
And cancel all the plans she made to celebrate
But I can count on her to take it with a smile and not a frown

She knows that life has it's little ups and downs,
Like ponies on a merry-go-round
And no one grabs the brass ring everytime,
But she don't mind
She wears a gold ring on her finger,
And I'm so glad that it's mine

The new house plans we've had so long,
I guess will gather dust another year
And the daffodils are bloomin' that she planted way last fall
Up on the hill, over by the gate
Lord knows I hate to say again, we'll have to wait
But you can bet she'll just take it with a smile and not a frown

She knows that life has it's little ups and downs,
Like ponies on a merry-go-round
And no one grabs the brass ring everytime,
But she don't mind
She wears a gold ring on her finger,
And I'm so glad that it's mine
She wears a gold ring on her finger,
And I'm so glad that it's mine