We are spending Christmas with my in-laws. For them, there is no "christ" in christmas. It's just about exchanging gifts. This year I've lowered my amount to spend on each person to about $10. I have realized that I cannot get these people the "perfect" gift with my budget (cash only) so I am just trying to get them something semi-thoughtful. It has reduced my stress level considerably. My kids know we don't have a lot of money; we spend about $200 each on them, and my husband and I just exchange stuff we need like socks and clothes. We are starting to simplify things a little more each year.