Perhaps you're still exchanging gifts with a former work colleague or neighbor with whom you no longer socialize, or you mail a package to a high school friend out of habit each holiday season. Leah Ingram, whose blog Suddenly Frugal explores strategies to live well with less, says it's perfectly fine to prune your Christmas gift list. "There is no reason to continue to buy gifts for people who are no longer meaningful to you. That kind of excess -- buying a gift just 'cause you can -- seems so dot-com boom!"
Ingram says to excise those you gift out of habit.