Christmas has become all about stress, gifts, rushing and bills. Make this Christmas different. Instead of buying a lot of stuff that most of us don't even need, give your time. Eat family dinners, build a gingerbread house together, volunteer at a soup kitchen, go caroling, bake cookies for the grandparents, and make memories in place of debt.
Here is a video to remind us of what Christmas can be.
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We are definitely working to make Christmas this year more meaningful by doing a lot of the things you suggested. It's amazing, the meaningful things we do with our kids is what they will remember the most when they are older. And it's what really helps bring out the Christmas spirit.