My brother, sister and I (and families) exchange at Christmas. We set a dollar amount per family. Every year, we know which sibling's family we will have (I have my brother one year, my sister the next and then back to my brother). We have a chart with the years listed and it just rotates so it would work for any number of siblings) and the amount we are allowed to spend, so we are able to purchase gifts anytime of the year. Since you can run across many good sales year long, this is quite helpful.
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