Jerry Lewis plays Norman Phiffer, a proud man in a humble life, who doesn’t know that his girlfriend, Barbara, is heir to the Tuttle Department Store dynasty. Mrs. Tuttle, Barbara’s mother, is determined to split the two lovers, and hires Norman in an attempt to humiliate him enough that Barbara leaves him. Will she ruin their love, or will he ruin her store?

George Bailey has spent his entire life giving of himself to the people of Bedford Falls. He has always longed to travel but never had the opportunity in order to prevent rich skinflint Mr. Potter from taking over the entire town. All that prevents him from doing so is George’s modest building and loan company, which was founded by his generous father. But on Christmas Eve, George’s Uncle Billy loses the business’s $8,000 while intending to deposit it in the bank. Potter finds the misplaced money, hides it from Billy, and George’s troubles begin.