As I mentioned on another "Christmas" thread, last year I agreed with friends that we'd not give each other gifts but would donate to charity instead. For close family we give small gifts, usually something edible or from charity shops. (Secondhand gifts encouraged! Lots of excellent books out there!) Larger gifts are given to children, but not to a huge over-spending extent. DH & I do a small stocking for each other (actually these are old rugby socks) with a few small gifts, like Fairtrade chocolate coins. Our Christmas tree is a"living" one, (locally grown), purchased last year, and currently in the garden. (The previous one lasted several years.)