Kate and Sam are a loving couple who want desperately to get rich. But when Kate blows their savings by buying a race horse named Honeysuckle Rose which doesn't win, it puts a mean strain on their marriage. They begin to fight and eventually seek solace in the arms of others in a series of torrid extramarital affairs. And then Honeysuckle Rose unexpectedly starts to win and their fortunes change. Now they're rolling in dough and can debauch together as a couple.

Debbie Benton is the captain of her high school cheerleading squad, and has been accepted to try out for the Texas Cowgirls. Her parents disapprove, though, and refuse to pay the fare to Texas. In a bid to help Debbie, her cheerleader friends Lisa, Roberta, Tammy, Pat, and Annie decide to accompany her to Texas. They have two weeks to raise the money, and swear off any sexual activity with their boyfriends and form a company, called "Teen Services", offering help.