In 1925, John becomes President of the prosperous Warren Bank when Maggie retires. Six years later, John, Helen and the two children are happy in their home, but the two mother-in-laws are still bickering. When Lizzy inadvertently starts a run on the bank, it closes when Maggie learns that John has done what she had told him never to do - used the bank bonds for a get rich quick scheme. To gain some money for the depositors, Maggie and John sell everything that they have and move in with Lizzy, who hounds them every day. Their only hope for a normal life is to get the bonds back from the crooks that have them.
A book publisher finds his business floundering, which prompts his socially ambitious wife to desert him for a society millionaire, leaving him with their young son. The publisher's fortunes improve dramatically, however, when a best-selling romance novelist decides to publish her new book with his firm. In the meantime, his ex-wife has married the millionaire, and she and her new mother-in-law come up with a plan to sue her ex-husband for custody of the boy.