This year, I'm making homemade cranberry ginger chutney to give out as gifts. Cheap, easy, and a nice change from standard canned stuff.
I'm also making sugar scrubs, with sugar, olive oil, and almond extract. You can use citrus, but be careful because those oils can make skin photosensitive. Just dump some sugar in a jelly jar, fill with oil, and then add in some extract until you like the scent! Super easy, and finally, a good use for white sugar! lol I might also make one with brown sugar and coffee, apparently caffeine is supposed to be good for cellulite!
As we're southerners who recently moved to PA, I'm planning to give neighbors and new friends a taste of the south, ie pecan pralines, key lime cookies for presents.
For my sister, I harvested rose hips from our garden, dried them and will send them in a little hand-sewn or crocheted sachet. I'm also going to send her an assortment of flower seeds I collected, she loves to garden.
Many magazines are offering 3 for 1 subscription deals, so I might take advantage of that for some of my SIL's. I know Real Simple is offering that, for example.
We have a lot of upholstery fabric samples from a furniture store that went out of business, so I'm going to make some coasters and stuff out of the fabrics, and DH is making journals out of the leather samples.
For kids, I'm making microwavable little pocket warmers out of fabric, rice and lavender. They can be popped in the micro to get toasty, and then go in coat pockets in the morning to keep little hands warm while waiting for the bus. I'll also sew some bigger ones to go by their feet at night, so no icy piggies!
I just taught myself how to crochet, so I'm making snowflakes to go with snowflake sugar cookies as presents for far-flung family. Cheap, easy, and the snowflake ornaments will be something they can use every year.