With an estimated net worth of $2.5 billion dollars, Oprah is one of the richest self-made women in America, according to Forbes. And she stresses the importance of spending and investing your money on/in what you truly believe in. She writes: “I hope the way you spend your money is in line with the truth of who you are and what you care about. I hope that your money brings joy to you and the ones you love. And I hope you use it as a powerful force for good to fulfill your best intentions.” 

It’s advice that pros say can work for some of you, and even help you save more. (That’s especially good news now as some savings accounts are now paying more than they have in a decade — see the best savings account rates you may get now here.) But here’s what you need to know before you take the advice to heart both in how you spend and save your money, and how you invest it.