We really only buy presents for the kids in the family, so we haven't started yet. Instead of buying for adults, we starting doing a gift exchange.

Last year my mom and grandma came for Christmas so we had us, them, and my brother and SIL put our names in a hat. We picked one person (we kept it secret till after we exchanged gifts) and spent $20. It was fun! I got some cashmere socks and a gingerbread house (my brother got my name, but he cheated because my husband helped him pick the stuff out! I liked it anyway. ).