''{{Privileged}}'' tells the tale of 23 year old Megan Smith, a Yale graduate who is fired from her New York job and sent to meet with Laurel Limoges, a successful businesswoman in the field of cosmetics. On arrival at Laurel's grand Palm Beach home, Megan learns that she is to be hired as a tutor for Laurel's twin grandchildren, sixteen year olds Rose and Sage Baker. Easier said than done, as the girls are much more focused on shopping and parties than studying. To add to the drama, we soon learn that Megan has a history of her own in Palm Beach including the father and younger sister Lily she left behind when she went away to Yale. Throw in a childhood friend with a crush (Charlie), an attractive and wealthy next door neighbour (Will) and a gay chef who's not afraid of straight talking (Marco) and drama's never far away.

The series was created by TheCW; it was cancelled after the first season, though not before managing to finish on a cliffhanger. It was based on the book ''How To Teach Filthy Rich Girls'' by Zoey Dean, though there are changes -- notably, the main character's surname was originally Simms, but was changed to Smith for the series.
!!This show provides examples of:
* AlcoholicParent: Megan and Lily's father. Recovered when we meet him but relapses after [[spoiler:Shelby leaves again]].
* BlondeBrunetteRedhead: Symbolic: Megan (redhead) is literal big sister to Lily (blonde) and becomes like a big sister to Rose and Sage (Brunette) but does not really fit in with either.
* BlondesAreEvil: Lily and Jordanna.
* BrokenBird: Lily Smith.
* TheCastShowoff: Two episodes include scenes designed to show off Lucy Hale's singing talent.
* {{Confessional}}: Sage.
* DawsonCasting: Megan ([=JoAnna=] Garcia), Lily (Kristina Apgar) and to a degree, Rose and Sage (Lucy Hale and Ashley Newbrough).
* {{Expy}}: Megan appears to be a poor man's AmyAdams.
* GenkiGirl: Megan ''tries'' to be this.
* TheGloriousWarOfSisterlyRivalry: Megan and Lily.
* IdiosyncraticEpisodeNaming: All episode titles begin "All About", for example ''All About the Power Position'', ''All About Love, Actually'', etc.
* MissingMom: Shelby, mother of Megan and Lily, who returns mid-season [[spoiler:only to leave again a few episodes later]].
* OddNameOut: Megan is the main character and is the only one of the main five female characters to not have a flower/plant-related name.
* PragmaticAdaptation: As with any book-to-TV-show transition.
* PutOnABus: Charlie in the penultimate episode.
* PromotionToParent: Megan (both in her backstory and in the series) and to an extent, Sage.
* SiblingYinYang: Megan and Lily. Rose and Sage are a milder form.
* ThemeTwinNaming: Rose and Sage.
* TitlePlease
* UnluckyChildhoodFriend: Charlie.
* WelcomeEpisode: In the first episode, Megan meets (or is reunited with) most of the important characters for the series.