茉莉（柯尔斯蒂·艾利 Kirstie Alley 饰）和詹姆斯（约翰·特拉沃尔塔 John Travolta 饰）的故事还在继续。在经历了千难万险之后，这对有情人终于组建了稳定的家庭，并且共同抚养着两个孩子米奇（大卫·加拉赫 David Gallagher 饰）与朱莉（塔比瑟·鲁宾 Tabitha Lupien 饰），在外人眼中，这俨然是一个幸福得天衣无缝的完美家庭。
可随着时间的推移，茉莉和詹姆斯还是遇上了大部分夫妻会遇上的事，如今，詹姆斯已经不再是一名平凡的出租车司机了，他得到了一份美差——给一个名叫萨曼莎（丽赛特·安东尼 Lysette Anthony 饰）的富婆开私人飞机。人人都看得出来，萨曼莎钟情于詹姆斯，虽然这份工作收入不菲，但茉莉却因此和詹姆斯之间多了许多的争吵。

The television movie is set in the city of Dimmsdale and centers on the series' main protagonist Timmy Turner with his fairy godparents Cosmo and Wanda and his fairy godbrother Poof. In the movie, Timmy is now 23 years old but is still in fifth grade with his fairy-obsessed fifth grade teacher Mr. Crocker. Despite being grown up, Timmy finds a loophole in the fairy rulebook Da Rules: if he continues to act like a kid, he will still get to keep his fairies. However, the dilemma rises when Tootie, who was once a dorky girl when she was 10 years old, returns to Dimmsdale as an attractive woman. Timmy falls in love with her, a sign that he is growing up to an adult, which means he is closer to losing his fairies. Meanwhile, an oil business tycoon named Hugh J. Magnate, Jr., who teams up with Mr. Crocker, plans to use Timmy's fairies' magic in order to promote his oil business.