Last night I started going over the Christmas list, and the goal of keeping the whole shebang around $300 seems pretty dim, even keeping most adults out of it. Looks like closer to $400. Which is better than most years, even so. I've got the grandnephews down under $10, I just don't know where else to cut.
Unfortunately, getting the budget down means making more things, which I really don't need. I keep thinking I will make my own Christmas cards, but always discouraged because buying nice envelopes costs as much as a cheap box of cards (damned consumer economy!) But I think I will make Spirograph designs on watercolor paper, that can be sealed shut and mailed without envelope. Yup, more projects!
For the gifts, what about free photo gifts from Shutterfly? You only pay shipping, which is usually pretty nominal.
And for the handmade cards, what about making handmade envelopes too? You can download free envelope templates online.