Depends... on whether I'm staying home for the holiday season or travelling. If home, I decorate. If not, it's just way too draining for me - to unpack and re-pack.

When the temps. start dropping in my area, I take blankets to the homeless (not provided shelter). The shelters, even the overflow ones, have ltd. capacity.

A few years ago, I stopped buying most gifts and convinced people to make and exchange them. Just seems to mean more... than tossing around gift certificates or plucking pre-made from stores.