The song has the structure: verse - lift - chorus - verse - lift - chorus - guitar solo - chorus - verse - lift - chorus - chorus. The lift varies a little, basically it has four lines with three syllables each. You can't squeeze too much meaning into such structure. I wrote:
you've been kicked
you've been scorned
eaten dirt
you'd been warned
Replacing "eaten dirt" with "seen it all" in the second occurence of the lift (or pre-chorus), or shortening the second line to just "scorned" to add a little variety.
After having outlined the story or content I could use most of my notes in the verses:
you were a teen when you found the way
how to make an easy buck ['buck' instead of 'money' because it fits the meter better]
took some time to realize
when you were running out of luck [fortunately, 'buck' also provided a convenient rhyme, 'honey' would have sounded a bit stupid, anyway]
you sold your body, you sold your soul
for the short kick of a shot
...
you've hit rock bottom, sleeping rough
...
You see, it was more or less just a matter of finding the appropriate places for the lines that I had already gathered.