2. JOEY’S GIFT EXCHANGE. My cousin Joey must have full credit for this idea, and I think it is awesome. Have a Christmas party and exchange. This is not necessarily a gift exchange or white elephant. It is where you bring unused or unwanted and unwrapped items (you are not re gifting) from your house. Everyone sets them out. Some people will find things they can use others will not. But the point is that the unused items in your house will be appreciated. You spend no money on buying gifts, but yet you make someone else happy, and potentially find something really cool that you want.