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Oprah Winfrey, O Magazine

Ruven Afanador/ O Magazine

It's official: The holiday season has begun. And why, you may ask, are we saying this on today of all days? Because Oprah Winfrey said so, that's why.

On Tuesday morning the former talk show titan released her annual Favorite Things list. A tradition that not only marks the beginning of the shopping season but also the moment her fans have their seasonal screaming fits.

Not surprisingly, most of the list reads like one giant splurge. So while you probably won't be able to afford the whole thing—or even most of it—it's still worth clicking through. Think of it as inspirational if you must.

Oprah Winfrey, Favorite Things

O Magazine

A few highlights? Some seriously soft-looking fleece robes by Pine Cone Hill, the perfect Electra speed bike, cupper mugs ideal for Moscow mules and a truly stunning orchid floral box.

She's also got quite a bit of bling such as a Tory Burch watch, Red C Jewels customizable initial stud earrings and a complete 12 days of Christmas-themed charm bracelet by Chamilia. 

Oprah Winfrey, Favorite Things

O Magazine

Being that this is Oprah, there are tons of Oprah-products in this year's gift guide including her new book What I Know for Sure, her Starbucks Chai tea collection, her co-produced film The Hundred-Foot Journey, her meditation DVDs and a shirt from the Peace Love Oprah line.

But it's not only about Winfrey, she also name-drops a few of her celebrity friends. For example, she loves the Yoga Tablet created by Lenovo and Ashton Kutcher, raves about gold-rimmed plates by pal Nate Berkus and hints that she will be gifting buddy Jimmy Kimmel the adorable baby basket.

And of course Gayle King is up in the mix as well. Oprah's lifelong BFF is a fan of the knit hats, smoked salmon and some special jams this time around.

Oprah Winfrey, O Magazine

Ruven Afanador/ O Magazine

You can check out all 77 items from the 2014 Oprah's Favorite Things list in the December Issue of O magazine or on the publication's website.