Goldie decides to teach her young tycoons the value of money, and uses a newspaper story about a bank teller stealing a fortune as an idea for making the Strickland millions disappear.
Hollister confesses that he told his mother that he runs the Strickland estate, so Goldie agrees to serve as his butler when his mother comes for a visit.
On New Year's Eve, Goldie and the Stricklands reminisce about their first year together and particularly how the children took Goldie to court to have her removed as their estate's executrix.
Goldie tries to enliven Roy's campaign for president of his school's student government by convincing a rock 'n' roll singer to appear at his campaign rally.
When Roy defeats the class bully in a school election, he fears the sore loser will resort to fisticuffs to avenge himself. Goldie advises Roy to face the boy head on.
A network television show asks to interview Goldie and the Strickland children in their mansion. Pat, Nicky and Roy can't wait to appear on television, but Goldie is reluctant to agree to their appearance.