To each his own of course, but it is unfathomable to me buying for each and every member after we (siblings) are all grown. I have a pretty close extended family, and there aren’t even that many of us (four couples, four kids total) and we always get together to “do” Christmas, but we long ago arrived at the unanimous decision not to do any gifts for each other, and even the kids don’t get really anything from their aunts and uncles, simply because (a) we want to keep it simple, (b) most of the in-law spouses have fairly traditional gift expectations on their side to deal with, © none of us need or want anything that we can’t buy for ourselves, (d) as corny as it sounds, we show our love and closeness in other ways, so none of us feels “unloved” if we don’t get a gift, (e) the expense seems unnecessary for something so silly as a material thing, (f) the kids get plenty of crap from their own parents and grandparents, so they’re not deprived or anything.
Instead, our Christmas get together basically consists of a lot of food, wine, and games.
We also exchange a round of emails and choose a charity, and we all donate to that charity on our own time and at an amount of our own choosing.
We all agree that we wouldn’t have it any other way. Removing the hassle and headaches of shopping and trying to figure out what to buy for someone who has pretty much everything makes the season blessedly peaceful.