Young Phyllis Shaw, tired of being poor, sets out to snag a rich husband. She meets a young artist named Jerry, who falls for her, but she rejects him because he's not rich. She then meets Kirke, who is exactly the type of man she's looking for, but with one problem--he won't marry her, but as his "kept woman" he will lavish her with money and gifts. What to do, what to do . . .