When Ted receives a high phone bill, Pam and the kids swear they didn't do it. Ted complains to the phone company and they promptly turn off his phone, which spells disaster.

When the bank loses a large amount of money, everyone blames Ted. He denies his guilt but points out that if he did have the money, he wouldn't share with those who had been mean to him. Soon everyone is treating Ted like a king.

Pam and Ted plan a big celebration for their 16th anniversary. Although they say no gifts, Ted plans to buy Pam a watch. When the kids tell Pam this, she buys him an expensive gift. Unfortunately, when Ted goes to the jewellery store his credit card is denied.

When Ted hears his boss has been killed in a plane crash, he's upset that he's never met the man. When he finds out that his boss survived, he decides to quit his job if the man won't come meet his employees. The boss doesn't appear, so Ted stays home with Pam and watches daytime TV.

While Ted scolds his family for their endless, useless spending, the Hollingsworths receive a tax refund and decide to build an extra room onto their house. Unfortunately, they need Ted's OK to continue the project.

When Lee loses his new jacket, Ted decides to teach him the value of money by making him work at the shoe store. Elsewhere, Nikki volunteers Pam to cook for Career Day at her school, and Pam gives the class advice on being a stay-at-home mum.

After receiving a small inheritance, the family decides to spend the money on a fancy meal. Unfortunately, after eating, Ted realizes he left his wallet at home.