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The notion that dreams can have a powerful effect on "real life" was satirized in Doug Fairbanks' When the Clouds Roll By. Filmed the same year (1919), Extravagance takes that notion seriously. Dorothy Dalton plays Helen Douglas, a spendthrift society woman whose excesses threaten to bankrupt her husband Alan (Charles Clary). Helen's epiphany-like dream suggests that Alan might commit suicide to satisfy his wife's desire for creature comforts. When she awakens from her slumbers, she is a Better Person--and, according to contemporary reviewers, a less interesting one.