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"PRINCESS" SERIES WILL PREMIERE ON JULY 9TH ON CNBC

"Princess," a new series hosted by Gail Vaz-Oxlade, will premiere on Saturday, July 9th at 10pm and 1am ET on CNBC. The one hour shows will air for 13 consecutive Saturdays.

Behold the Princess – you know the type – living a fabulous life, while her debt accumulates and family and friends foot the bills. Now it’s time to grow up – and get real.

In this series, Gail Vaz-Oxlade, host of the hit series "Til Debt Do Us Part," tackles the newest generation of spoiled spenders. Over a six week period, Gail takes away these Princesses' credit cards, puts them on a cash diet and challenges them to start achieving goals. Using her no-nonsense tough talk, Gail confronts, cajoles and guides these spoiled Princesses as they transform into self-sufficient young women. Packed with Gail’s practical financial advice and compelling candidates, Princess is candid and entertaining viewing for a wide range of audiences.

FOR TV HIGHLIGHTS CONSIDERATION:

THIS MONTH ON PRINCESS:

Princess Ashley – Saturday, July 9th 10p ET

With a fiancé who adores her, Princess Ashley knows how to get what she wants. Using guilt trips, manipulation and outright lies, Ashley’s convinced her fiancé Kyle to go into debt to keep her happy — but now he’s at a breaking point. Money is the number one issue in their budding relationship. Even though Kyle is covering the living costs, food and vacations Ashley is still racking up over $1,050 of cash advances from her credit card per month to cover her wants. Either Ashley has to change or the wedding is off.

Financial expert Gail Vaz-Oxlade gets to the root of the issue: Ashley’s spending is out of control, her dreams are unattainable and the people who love her are quickly running out of patience. With a wedding in six months Gail puts Ashley on a serious cash diet and has her fending for herself for once. Can Gail keep Ashley out of debt and on track towards a happily ever after with Kyle?

Princess Krista – Saturday, July 16th 10p ET

Princess Krista is a self-confessed “drama queen” and “shopaholic.” Husband Ryan agrees. In their 14 years together, she and Ryan have separated three times over Krista’s spending problems. Recently she left her husband because she couldn’t bring herself to tell him that she’d once again racked up their credit cards and line of credit. They temporarily reconciled after she finally came clean, but the couple is $60,000 in the hole.

Krista hides her fears with her outrageous behavior and her over-the-top wardrobe, makeup and hair. But her marriage is on the rocks and Ryan can’t tolerate one more financial secret. If Krista doesn’t take Gail’s advice to heart, and begin to change her self-centered behavior, this indulgent Princess’ fairytale is bound to have a very unhappy ending.

Princess Lee – Saturday, July 23rd 10p ET

Princess Lee is a poised, sophisticated and single 33-year-old woman living in the heart of a high-end shopping district. As a beauty adviser at an up market department store, she has acclimatized herself to her posh surroundings. Lee is not just about brand names; she’s into designer exclusives. Costly manicure-pedicure spa treatments, $18 cocktails, $200 meals and $800 shoes are the norm for this retail clerk and it’s led her to more than $17,000 worth of debt with only a closet full of shoes and clothes to show for it.

Financial expert Gail Vaz-Oxlade reveals this the truth of Lee’s financial situation to her parents — who are in for a big surprise since they bailed Lee out just four years ago. With the family committed to cutting her off, Gail tries to teach Lee that only fools spend money they haven’t earned yet on trying to maintain an image that is all a façade. This princess says she wants to change, but is she ready to cut back on her luxurious lifestyle?

Princess Katie – Saturday, July 30th 10p ET

Katie is the ultimate “Princess.” With her perfectly coiffed blonde locks, slim figure and designer clothes, the 23-year-old nanny looks like she stepped out of an episode of a Hollywood reality series. She lives with her mom and stepfather in their beautiful custom-built house where she claims the best and biggest room in the home for herself. She’s got no plans to move out anytime soon, leaving Katie’s mother to wonder how old her daughter will be before she finally grows up.

Now Katie’s mother is finally ready to put her foot down. Financial expert Gail Vaz-Oxlade has a big job ahead of her as she struggles to drag Katie out of her arrested development and into life as a self-sufficient woman.

About CNBC:

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