A friend of mine, last year, after getting rather bummed out about the commercialization of Christmas, said that one of these days he is going to “Just give the kids three gifts, if it was good enough for Christ it will be good enough for them”.
I think he had a good point. Christmas is about the Incarnation, not presents, lights, or trees.
My neighbor across the street is doing exactly that—just 3 gifts for each child. We have scaled waaayyy back this year. It’s hard not to get sucked into the, “Buy, Buy, Buy!” mentality.