Both DH and I have massive families so we do a KK thing for the adults ($100 his side $50 my side) and then we spend $20 on each niece/nephew as DH's sister hasn't wanted to do a KK thing for the kids as she was the only one with kids. Now she has to buy for nieces/nephews too she wants to do a KK so she doesn't have to buy as many presents! Gotta love the christmas spirit sometimes!
I don't think you are being cheap at all. i would love to be able to lower our Christmas costs. I'm going to start shopping through out the year next year to try and ease the pressure at christmas time. I'm going to do it with some of the foods as well.
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