You'll also need 60-pound paper, too, so get over to your local craft store ASAP! DIY Newspaper and Magazine Wrapping Paper Skip buying new craft or drawing paper and get real thrifty with it.

SINGAPORE — As a child, opening presents under the Christmas tree was the highlight of the festive season, wondering what Santa (rather, my parents) gifted that year.

I can’t give something to everybody in my life. The trick is narrowing down the list—and keeping it all on budget.