Wally and his friends build a clubhouse and Beaver wants to join. Although the dues are $1 for 8th graders, Beaver has to come up with $3 in order to join their club. How can Beaver earn the money?

Wally and Beaver dread attending dance school, so when suddenly Wally takes a liking in it, June and Ward are dumbfounded. It seems Wally has developed a crush on a girl named Penny and Beaver soon feels neglected and left out when Wally begins spending all his time with her.

Wally and Beaver want to win a fancy film projector. In order to get it they have to sell 24 bottles of perfume. However, the appalling aroma of the perfume quickly leads to zero sales and has Ward trying to think up a sales gimmick.

Beaver is invited to Linda Dennison's birthday party and quickly discovers that he is the only boy that she invited. Fearing for his reputation, Beaver tries his best to get out of attending, but June and Ward are insistent, not aware of the situation Beaver's in.