Fred and Barney go on a fishing trip to an island rumoured to be haunted by a werewolf, but once they arrive, bad weather forces them to stay in the cabin of a friendly old man who is also the island's only resident.

Jealous of Wilma and Betty's attraction to famous Hollyrock star Clark Gravel, Fred goes all out in a training regimen to get himself in shape in order to impress his wife.

With prices skyrocketing and Mr. Slate reducing their salaries after misinterpreting their request for a raise, Fred and Barney try out various part-time jobs to compensate for their cash loss, in the process attempting to avoid being seen by Mr. Slate in order to keep their pride.

Wilma buys a pet Houndasaur without Fred's consent, which leads to no end of trouble for Fred, especially when he unknowingly comes across the Houndasaur's food and tries to patent it. Meanwhile, Dino becomes jealous of the Houndasaur and Fred receives complaints from the police.

While fishing, Fred accidentally finds a bottled genie, who becomes their wish-granting servant but whose results seem to be more troublesome than beneficial. The episode makes references to classic fairy tales such as Aladdin and Pinocchio.

In order to avoid going to an opera, Fred and Barney take Wilma and Betty on a Dinosaur Country Safari, but Fred disobeys the noticeboard ordering visitors to stay in their cars, which leads to both Fred and Barney ending up trapped in a pterodactyl's nest and attempting to fly their way out.