Wrapping paper is pretty pricey, especially for something that's just going to get ripped up and thrown away. This is a better idea: buy a big roll of butcher paper on the cheap and have the kids help craft some homemade holiday lights gift wrap.
Handmade Christmas fingerprint bauble. Make your very own Christmas decorations to hang on your Christmas tree! Simply decorate the outside of the bauble with some festive finger painting.