Wally and Beaver want to get brand new bike and they ask Ward for some money. He suggests that they earn the money. This leads Wally and Beaver to get a job delivering papers. Later, while trying to help the boys out, Ward and June inadvertently almost get Wally and Beaver fired.

Ward tries to teach Wally and Beaver the importance of saving by giving them a piggy bank. The boys quickly save up a handful of change and are all ready to spend it on some baseball equipment. However, unknown to their parents, they change their minds and decide to spend the money on a most unselfish gift.