Carol's constant chattering has rung up a huge phone bill, so she takes a job as a dance instructor to help cover the charges. Ed gets in on the act by taking a job selling real estate over the telephone.
Wilbur promises a magician that he will take care of his elephant for a few days, and Ed's not too thrilled with the idea. Meanwhile, Kay brings home one wrong dog too many, so Roger moves into a motel.
Roger wants to get out of having to take a trip to San Francisco with Kay and The Posts, so he tricks Wilbur into believing that Mister Ed is suddenly going bald, which in turn makes Ed a nervous wreck.
Kay inherits country property in New York, so Roger enters into an agreement to sell their California home and move. The purchaser, who works for the IRS, threatens to sue the Posts, if their behavior is not to is liking.