Lyrics:

I don't know how to tell her
That 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 its little ups and downs
Like ponies on a merry-go-round
And no one grabs the brass ring every time
But she don't mind
She wears a gold ring on her finger
And it's mine

The 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
And Lord knows I hate to say again we'll have to wait

But you can bet that she'll just take it 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 the 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
She wears a gold ring on her finger
And I'm so glad that it's mine