What gifts that you received for Christmas this year are already in the trash?
For me, there were several dollar store trinkets that already broke, and one toy for my kids that was a huge sparkly styrofoam mess waiting to happen, so I threw it out rather than curse anyone else with it.
At the other end of the spectrum: My wife and I made a minimal gifts pact. We each got each other minor crap we needed for around the house. It was perfect. No waste. No extravagance. Just stuff we were going to get anyway.
Just don't gift anything and enjoy a peaceful evening? Why does one need a special day to gift anyway?
My family did it and it was honestly amazing (obviously kids should get something if possible).
As I mentioned elsewhere in this thread, in Iceland they buy each other books and on Christmas Eve they open the books and everyone sits around reading them.
We always get stuff for the kids and the nieces/nephews, and our moms. But we haven't gotten a gift for each other in years now. We both buy something if we want it bad enough throughout the year, and it's both of our money anyway, so what's the point? We will some years get a "household gift" that's something we need or everyone can benefit from, that shouldn't go to just one kid or "you two share this and try not to fight over it, or that they will care less about. Nice air fryer one year, Nintendo switch another, etc. But nothing really needed or wanted this year so we'll probably just take a pass.
this is how my family has it set up too, everyone writes a list of some reasonable stuff they'd quite like to get anyways and we just pick a thing from each list while coordinating with each other to not duplicate anything.