Yep, we are ready. But then, we only get very small presents for our daughter (40 now). My wife and I quit buying gifts at Christmas many years ago. That is because if we need or want something we get it if we can afford it. If we can't afford it, we don't get what we always want, but what we need.
Many years ago, when I was single and very busy, I realized that buying Christmas presents was expensive and most gifts were not used, not needed, or not wanted. I felt a lot better if someone needed something during the year and could not get it, I could help them get it. Often times telling them I did not have to pay for it.
The transition was a difficult one. My mother, and brothers, and their families were slow to understand. I explained to my mom, I will come to the family gathering, but I will only buy gifts for the kids. For the adults, I prefer to exchange a card. The first time I tried that it fell on deaf ears. When I arrived, by brother came out to help me carry in all the gifts.
I was embarrassed, and said 'Oh I forgot something." and left. I went too town and bought gifts for each person. - Wrapped them in the McDonald's parking lot.
The following year I just said that I would not be able to come. After that, all was well.
I have been married to my wife for 31 years. We always tell people - please do not get us a gift. A card is always appreciated.
I forgot to add. FOR US, being together with family and friends has been delightful (without the hassles of gifts). It had made Christmas more respectful important.