A wealthy society girl must live on $150 a month to prove to her father that she can stand being married to a poor man.

A spirited heiress wishing to break into theatre on her own merit arrives at a boardinghouse where aspiring young actresses and showgirls are brought together through their cynicism and disappointments.

Broke Gordon Miller tries to land a backer for his new play while he has to deal with with the hotel manager trying to evict him and his cast.