Chip is thrown out of the neighbourhood clubhouse because he cannot convince the older boys that he is all grown up. He makes a bargain -- he will fight one of the older boys for the privelege of becoming club mascot. But he doesn't count on being sent to hospital to have his tonsils removed the very day of the big fight.
Robbie and Hank think there is only one thing in the whole world that impresses girls -- money! So they decide to open their own home help unit in the hope of making the big bucks that they are constantly in need of. However, they run into competition from Chip who organises baby-sitting as a means of increasing his allowance to buy a new bicycle.