Mathlide Losiel is not happy at all because she believes she is poor when she really isn't. She comes from a middle class family in a town in Switzerland. There with her Husband who tries his hardest to make her happy.
When her husband comes home, he is over joyed to show her that he has a envelope for her. She has been invited to the ball. she then begins to freak out because she has nothing to wear.
Mathilde refuses to attend the party without a suitable dress so her husband Loisel gives money but she doesn't have any jewels to wear to the ball so she borrows a necklace from a friend.
after coming home the ball she soon realizes that she lost the necklace and looks all over town and everywhere to find where it could be.
her husband then comes up with a plan that they are going to buy a new one. they end up purchasing a new one for 36,000 francs. most of that money is actually her husbands becasue she had no money
they return the necklace but it takes them 10 years to pay off the debt they owe for the borrowed money until one day when she runs into the owner of the necklace on the street and tells her the real story of what happened.