[Verse 1]
Once I lived the life of a millionaire
Spending my money, I didn't care
Always taking my friends out for a good time
Buying champagne, gin and wine
But just as soon as my dough got low
I couldn't find a friend, no place to go
If I ever get my hands on a dollar again
I'm gonna squeeze it and squeeze it till that eagle grins

[Verse 2]
Nobody knows you when you're down and out
In your pocket not one penny
And your friends, well, you haven't any
Just as soon as you're on your feet again
Why, everybody is your long lost friend
It's mighty strange, without a doubt
But nobody wants you when you're down and out

[Outro]
Well, everyone becomes your long lost friend
I tell you, it's mighty strange without a doubt
But no remembers
And nobody wants you
No, nobody wants you when you're down and out