One way to cut back is to start early so you have time to find sale.
Another way is to buy something special on your list instead of thinking about spending a certain dollar amount. Not every needs $100 gift... someone may be just as happy with a $20 gift.
Think about making someone something. Are you handy with your hands or are your learning something new this year? Knitting a nice blanket is a great gift for Christmas. Making the gift yourself may save you money as well. There is also a lot of time going into making a gift, so the reviver on the gift will feel even more special that you took all that time to make a gift for them.
Take a look over the expenses of last Christmas. Are there things you can cut back on and still have the same wonderful Christmas?
There is a little over 11 month for the next Christmas. Instead of being in a rush and fighting the busy streets and crowds trying to figure out at the last minute what to buy people on your Christmas list; relax and take your time this year by planning ahead.