Binky seeks Peggy's advice on how to square Arthur with Lucy for Arthur standing her up. But Peggy won't talk to him because Binky accidentally stood her up.
To teach his family money management, Pop gives everyone their month's allowance at the first of the month. Then he discovers he didn't leave anything for himself.
Peggy is desperate to see jazz trumpeter Ronnie Jay and Binky is desperate to scrape up the money to take her to the expensive restaurant where he plays.