We do Xmas but don't and never have gone into debt buying tons of presents for everyone. That missis the whole concept. We buy some nice gifts or just give money (money is a lot easier to give and a gift they always like). Xmas is all about the family getting together and having good times. You buy kids toys etc and they play with them for a while then get added to the pile. Our kids go through the toys once or twice a year and the ones that aren't played with anymore goes to the charity shops. A lot of kids expect large very expensive things like TV's, cell phones, tablets etc. When we were kids we got 1 present from mom and dad and got a load of stuff in our stockings like an orange, some candy etc and we were happy. Too bad we couldn't go back to simpler times.