Awful Wedded Life: Melvin's relationship with his wife, Lottie is estranged due to him being more concern with his business than her. Thankfully, it gets better after Wally cleans up "Melvin's" act.
Everyone Has Standards: Granted, Wally already is a Nice Guy, but he doesn't go further than kissing Lottie (Melvin's wife) since he believes it's wrong to do so.
"Freaky Friday" Flip: The premise of this episode is about a big-hearted bum (Wally) and a cold-hearted tycoon(Melvin Rich) switching places and walking a mile in each other's shoes.
Heel–Face Turn: After experiencing life from Wally's point of view and seeing how much "the bum" fixed not only his business, but his marriage, Melvin Rich has a change of heart and becomes a much kinder, better person overall.
Nice Guy: Wally The Waver, despite being poor, is shown to be very kind and friendly to those he comes across.