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 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 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 last fall upon the hill
And over by the gate
Lord knows I hate to say again we'll have to wait

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
She wears a gold ring on her finger
And it's mine (life has its little ups and downs)
Oh, it's mine
Yes, and it's mine (like ponies on a merry-go-round)
Oh, it's mine
Don't you know that it's mine (life has its little ups and downs)
Yes, it's mine
Oh, that lady's mine (like ponies on a merry-go-round)
Oh, she's mine