Better to give your kids the awe of God than to try and wow them with latest temporal toys. Giving gifts to people we love is good thing, but without the love of God in Christ Jesus, good things can become counterfeit “god things”. Presents are fine, but His presence is most important.
Here’s a link to a great post from The Gospel Project on fostering gospel wonder in the hearts of your kids.
http://www.gospelproject.com/2015/12/05/christmas-angels-spoke-to-mary-and-joseph/