I don't know how to tell her I didn't get that raise in paytoday
And I know how much she wanted that 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 count on her today with a smile and not a frown
She knows that life has its little ups and downs like ponies on a merry-go-round
And no one grabs a brass ring every time but she don't mind
She wears a gold ring on her finger and it's mine

Those 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 upon the hill
And over by the gate God knows I hate to say again we'll have to wait
Bet that she'll just take it with a smile and not a frown
She knows that life has its little ups and downs
She wears a gold ring on her finger and I'm so glad that it's mine