I'm lucky in that my family is pretty low-key about the holidays. There's no gifting for adult siblings/nieces/etc so that keeps the crazy waaaay down. I get my kids to make Ukrainian eggs with me because they are great as decorations, and we give a lot of them. Last year I started our advent calendar that the kids each get a dollar store type gift each day. Some of them are little crafts they can build to give as gifts. In addition to the eggs, I usually get my mom some plants and my dad loves Turtles chocolate and Scientific American magazine, ha ha! They like a good bottle of port, too. If I spend much more than about $25/each, I'd get in trouble with them. For the kids we usually do one 'big' gift and 2 little ones, and they all give something little to each other. I budget $100. per kid. My husband and I each take the kids on a shopping trip to buy something for the other parent. We don't always get something from ourselves for each other but I kind of consider the 2 or 3 hours of solitude my gift from him, ha ha!
Here's the advent calendar, it was a huuuuuge hit:
It got them through those last few weeks of school, when they really didn't want to get up and go in the mornings.