I informed ny daughter about a month ago that this Christmas there would be no big presents. Some stocking stuffers, and a tree, and everything else we like about the holiday, of course. But I also told her not to despair - that didn't mean there wouldn't be any gifts - just not more things, more stuff.
This year we are going to have experiences. And we wouldn't have to wait until Christmas for all of them. We have already "opened" two of our gifts - we have seen a Broadway production of the Rodgers and Hammerstein musical Cinderella and So You Think You Can Dance on tour at our local arts center. That will be followed up by a Lego event and a live-action Rudolph the Red-nosed Reindeer later this month.
I may actually end up spending as much or more than if I had to decided to get her a bunch of presents, but that's not the point. I want her to connect with experiences more than things this year. That's what I want for myself, too. Be present, not get presents.