The song depicts a man with a wedding band on one hand, who is tempted by another woman. Overstreet and Schlitz were actually trying to write a different song when they got the idea for this one. "We were trying to write a theme for another song. It was the idea that when you have one woman, you shouldn't be looking for another one," Overstreet recalled to Country Weekly. "I personally was tired of that whole scenario of going from one relationship to another, and not having the strength to really say no in tempting situations. I was hoping we could write a song that would say we had the strength to say no."
"So right in the middle of that song, we kind of bantered some lines back and forth and Don said 'but on the other hand,' and I said, 'there's a golden band,'" he continued. "From that point, we looked at each other and kind of got that glitter in our eyes, and finished it real quick. Then we went to lunch."