Ebenezer Scrooge, a miserly and cold-hearted businessman, despises Christmas and everything associated with it. On Christmas Eve, he begrudgingly allows his overworked and underpaid clerk, Bob Cratchit, to have the day off, while dismissing the festive cheer of his cheerful nephew, Fred. That night, Scrooge is visited by the tormented ghost of his former business partner, Jacob Marley, who warns him that his greed and lack of compassion will lead to a miserable afterlife. Marley informs Scrooge that he will be visited by three spirits, each one aiming to guide Scrooge towards redemption.

The first spirit, the Ghost of Christmas Past, takes Scrooge back to memories of his own past, revealing moments that shaped his current demeanor. The second spirit, the Ghost of Christmas Present, shows Scrooge how others, including the Cratchit family, find joy and warmth in each other's company despite their struggles. Observing Bob's sickly son, Tiny Tim, Scrooge begins to feel a pang of empathy. The third spirit, the Ghost of Christmas Yet to Come, presents a grim future, sharing the potential consequences of Scrooge's indifference and selfishness. Each visitation forces Scrooge to confront his own actions and their impact on those around him.