That's me too. But not only for the kids, but for everyone. I need to focus on good gifts and the bottom line. Hard to do, when everything is tempting and the spirit of giving is in full force.
I do love gift giving but as I've gotten older I see less and less need to give to adults. I don't think it's a grinch thing I just tend to think gosh I'm giving Lisa this great gift that I know she can buy for herself.
A couple of years ago with all the siblings except the one in school, we all agreed to give $25 per sibling to Toys for Tots or purchase the toys to give to the organization. I have 3 siblings and my husband has two but one is still in college(he gets presents) so we donate about $150 worth of toys for children that really need it. Knowing that there are children that are benefiting really has helped lessen the pressures.
We do exchange minor gifts if in town with the family for the holidays, which is rare for us. We do buy for our moms because they are limited incomes.
I do buy for all the nieces and nephews and god children. I use alot of coupons from toys r us and 40% of an item at borders and discounts where I can.
I keep a constant list in my wallet and mark the person off when I find the gift for that person.
What helps for me is that I have to ship all gifts so I don't go crazy buying for the family.
I do also host several holiday parties/open houses. My house is fully decorated and big enough to hold alot of people. I love having people over to just visit and catch up over good food and no rush. I prefer this over gifts anytime.
Oh one last thing that is a tradition for my husband and I. The last couple years he has worked on Christmas and Christmas Eve so we have started exchanging presents on New Year's Eve. We have some nice champagne and light dinner or finger foods and exchange our presents which never total more than $100 each because we just don't need alot.