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