And does the world deserve us?
Application rushing through
Yes, it's been a long time coming
In my heart, it's not hard to do
And all my worldly goods I give to you
You make it easy for me, life is but a dream
Dove into the great blue yonder
Touch my heart, it's not hard to do
And all my worldly goods I give to you
Loving you is a place where I surrender
In my heart, no catch 22
And all my worldly goods I give to you
There's a ring upon my finger
In my heart, it's not hard to do
And all my worldly goods I give to you
Loving you is a place where I surrender
Touch my heart, no catch 22
And all my worldly goods I give to you

1st of all: I assume Andy wrote this one for sounding quite ironic about romantic affairs that should find their 'happy end' in the altar, specially because of its title.
Well, a boy and a girl have lived a romance full of ups and downs, since he wasn't exactly well-meaning about the future of their relationship (he was in a dilemma about his real intentions upon her) and he wasn't exactly faithful to her (his misdemeanours). But he has finally discovered how much he loves her and now he's prepared to take this relationship to the last consequences: the marriage ("No misdemeanour / There's a ring upon my finger"), despite he's not so sure about this yet ("If I seem nervous will you show me what to do? / And does the world deserve us?") while he has realized this decision is really taking shape ("Application rushing through").
Regarding his 'worldly goods', this makes me think that maybe she's quite opportunist and maybe that's the main reason why she has been so understanding about him ("We close our eyes and chase away the sorry things / You make it easy for me, life is but a dream").

In addition, I think he's giving his 'worldly goods' in such a graceful way to compensate her for all his previous mishaviour...

Correction: "In addition, I think he's giving his 'worldly goods' to her in such a graceful way to compensate her for all his previous misbehaviour.".

And she probably talked to herself: "Oh, your bastard, I really deserve to get all your 'wordly goods' to forgive you for all your faults!"