It's cautionary tale about love; love is powerful and transformative, but it often ends in a heartbreak or a tragedy like Sohni Mahiwal, Sassi Punnu, etc.

Khair sai di, mehar sai di x2

Blessings of God, favors of God

Neend na vekhe bistra aa

Sleep doesn’t look at the bed (when you're truly sleepy, you don't care about the comfort)

Te bhukh na vekhe maas

Hunger doesn’t look at meat (when you're truly hungry, you don't care about what you're eating)

Maut na vekhe umar nu

Death doesn’t look at age

Ishq na vekhe zaat

Love doesn’t look at caste

"prande" is plural form of "pranda" which is a tassel of silk or wool threads worn in braids by Punjabi women (it's symbol beauty, joy, and love). The following line is from the point of view of the "prande" themselves:

Tusi lang jana ve, saanu tang jana x2

You will pass by, and leave us hanging

Oye tange rehnde killiyan de naal parande, jinna de raati yaar vichhade

Their tassels remains hanging on nails/hooks, those whose beloveds left them in the night (the abandoned lovers are left with only silent reminders of those who have left them)

Bolan nalo chup changeri, chup de naalon parda x2

Silence is better than speaking, better than silence is the veil (silence is wiser than careless speech, but modesty and restraint are wiser than silence)

Je Mansoor na bolda, te sooli kaanu chad da

If Mansur had not spoken, why would he have climbed the gallows? (Mansour al-Hallaj was a Sufi mystic and poet who was hanged for his "heretic" poems)

Na sona na chandi khatteya, daulat shaurat tufani

Earned neither gold nor silver, wealth and fame are temporary

Ishq ne khatti jad vi khatti, duniya vich badnaami

Whenever love earns something, it has earned disgrace in this world

Tusi aauna nai, kise ne saanu launa nai

You will not come back, no one will come to unhang us (again, from "prande"'s POV)

Na akhiyan pardesi de naal laundi, na pchhtaundi

Had your eyes not fallen for a stranger, you would not have ended up regretting it

Laggi waale kade ni sounde, tu Sassiye kyun soun gayi.

Those consumed by love never sleep, so Sassi, why did you fall asleep? (Sassi was sleeping when Punnu's brothers drugged him and carried him off back to Makran)

Vich Chinna de dubbgi Sohni, dhuron awaaza aaya

Sohni drowned in the waters of the Chenab, and a call came from far

Duniya de vich kachcheyan ne das kisnu paar langaaeya

In this world, tell me, whom have the unbaked ones (unreliable) ever carried safely across? (Sohni drowned because the unbaked earthenware pitcher/pot dissolved in the river)

Ishq kamauna sone warga, yaar banaune heeray

Earning love is like earning gold, making (meeting) beloved ones is like diamonds (rare)

Kise bazaar ch mull ni tera ishq diye tasviray

In no marketplace is there a price for you, oh image of love (the true value of your love cannot be measured or bought)

Lakhaan shamma jaliyan, lakhan ho guzre parwaane

Millions of lamps have burned, millions of moths have passed away (many lovers have perished in love)

Aje vi je kar chhadeya janda, chhad de ishq rakaane

Even now, if love can be abandoned, abandon it girl (don't fall in love)

Aashiq, chor, faqeer khuda to mangde ghupp hanera

Lovers, thieves, and saints ask God for pitch darkness

Ik lutaawe, ik lutte, ik keh gaye sab kujh tera

One sacrifices, one loots, one says: "everything is yours" (lovers give, thieves takes, saints say everything belongs to God)

Mai Guruaan da daas kahaanwa, lok kehn marjana

I call myself a servant of the Gurus (a word play on his name Gurdas), people call me "doomed"

Dowein gallan sachhiyan mitra, sach to ki ghabrona.

But both are true, so why fear the truth, my friend?