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O Goes Lo-Budge

11/27/2008 3:59 AM PST BY TMZ STAFF

Even the Queen has to scale it back these days.

Yesterday on her "Favorite Things" show, when Oprah Winfrey usually lays out baller-style for her audience with everything from diamonds to fridges, O gave her fans the cheapest love of all –- advice. "This is not the time to be introducing you to a lot of things that cost money," she said.

Instead, Opie handed out tips on how to do the holidays for less. Like she no doubt will.

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