I don't know how to tell her I didn't get that raise in pay today
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
I can count on her to take it with a smile and not a frown

She knows 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 I'm so glad that it's mine

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

She knows life has its little ups and downs...
She wears a gold ring on her finger I'm so glad that it's mine