Although we are not Christian, traditionally we, Hindus, do celebrate the Christmas. We eat special cakes, turkey, etc. on Christmas day. We light candles and many of us join the church ensemble. Naturally, we do exchange gifts for Christmas as well. We did have Christmas trees set up in our home every year during childhood. Which was not exactly the Christmas tree as you know it, but, it was a variety of Casuarina tree.
We did follow some strict rule and always maintained our budget while selecting the gifts for Christmas. From that background, I would like to list some of the gifts that can be considered useful and good while being frugal at the same time.