It is Christmas Eve 1933, and the townspeople of Concord, NH are trying to hold onto their holiday spirit in the face of the Great Depression. But old Mr. Benedict Slade (Henry Winkler) is ruining what hope they have left by mercilessly repossessing their prized goods. Alone in his apartment, Slade is visited by three ghosts--Christmas Past, Present and Future--who take him on a journey through time that will show him the tragic consequences of his actions if he doesn't mend his ways forever.