

Dave puts the kids on a strict allowance, since they're always asking him for money. Vicky supports him on this... that is, until she, too, is put on a budget and is unable to buy the Prada boots she's always wanted. Meanwhile, after spending all his allowance money on the first day at Medieval Times, Larry asks Mike to loan him some money. And, in order to earn some extra money, Hillary starts an escort service for the nerdy boys at school.
As school starts up again, Dave is excited that the kids will be out of the house until he and Vicki realize that all of them have their own agendas. Mike questions his current romantic relationship, which upsets Dave because the girl involved is the daughter of Dave's new best friend. But when Dave meddles in Mike's life for the sake of his "man-crush" on the girl's father, he does unexpected damage. Meanwhile, Hillary changes her study habits after catching a glimpse of her future, and Larry reinvents himself for the new school year.
When Larry decides to run for president, Dave is supportive of his son's interest in leadership, until he learns that Larry is actually running for president of the Chess Club. Dave makes a strategic move to prevent Larry from becoming the biggest geek in school. Meanwhile, Hillary thinks she's going to become the next pop star, and after finding an empty condom wrapper in Mike's pants, Dave and Vicki face the dreaded sex talk.