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.
Carol and Kay discover that Chuck, the guy that clips Ed's hair, is also a fantastic hairdresser, so they convince Wilbur and Roger to make an investment that enables him to open his very own salon. One problem they hadn't counted on: He's too shy around women to cut their hair.
Roger's on the warpath to get rid of the bridle path that runs along the local golf course because the horses interfere with his game. The last time a ball hit a horse, it cost him a 20-dollar bet, and now he's mad.