Christmas spending had always been a weakness of mine (on friends and family, now on my own kids)...and when we had just one child we spend hundreds, even though she was only a little kid. Her birthday is a week before Christmas, so that meant spending even more.
But this year I am trying to be different. I lost my job in July and am still unemployed (we are doing fine on one income, but I still worry). We are going to WDW the week prior to Christmas so that alone is a big gift, isn't it? I am finding that my eldest has too much stuff and I am having trouble finding anything to buy the youngest as she has all her big sisters hand me downs. All these theings are telling me it is time to think more simply when it comes to gift giving!
I planned to spend $25 on each kid from us and $50 on each kid from the S-man. I have gone a bit over budget but am still spending far less than I did in the past. (I have spent maybe $200 total on 2 of them). Plus, I know what they will get from the grandmas, uncles, etc will make for a very nice Christmas.
I also think it is a great time to set a precident...of not having 25 toys under the tree. They are 5 and 1 right now and if I stick to my guns, they won't grow up expecting $1000 worth of stuff (at least not until they are teens)
And we do buy things throughout the year for them, they are so not deprived when it comes to toys. For instance, we are in WI and giving a bike for Christmas would be mean as they couldn't ride it for another 4 months or so--so when it is time for a bike in the spring we just buy one then.
Oh, I am also becoming a big fan of all things consumable, when we go to birthday parties, etc. I see kids with way too many things (not judging as mine have too much stuff too) so I now try to buy thigns like arts & crafts items, play-doh, etc so that the items can eventually be used up--not kicking around the house forever and ever.