Edward Stratton is a playful care-free millionnaire who still lives the life of a child. Suddenly he is thrust into responsibilty when he discovers that he has a son - a product of a 7 day marriage.
Edward's ex-wife remarries and wants her son to move in with his father, which he does.
Edward's son Ricky is a responsible young boy who tries to teach his father to grow up while Edward tries to encourage his son to be more of a child. All with hilarious consequences of course with a touch of real family values.