My family stopped exchanging gifts years ago ( except for the children ) in order to try and get away from the consumerism. Though, this year, we have taken advantage of the enormous markdowns and probably have bought more for myself than any other year. I got two very warm long and 3/4 length coats ( that I have been saving for and wanting for years ), some deep purple leather gloves lined in cashmere ( a total extravagance at any other price ), and two days ago, my ultimate splurge - an Ann Tayor final sale with an additional 30 % off. I finally got a nice Holiday top, a couple of day tops, a striped T-shirt and a couple of pairs of beautiful casual pants - all for $104 !