In my late teens and v.early 20s (married and mortgaged) i could have done my own thing for xmas, but towed the family line and traveled to my parents for half a day, then traveled to my (now X) ILs for the 2nd half of every xmas day before finally going back home to relax, late afternoon - stuffed, stressed, knackered and fed up.
When DD1 was born a couple of years later i decided no more xmas days were going to be spend slogging round London and announced that anyone wishing to see us on xmas day would need to come to us (and were welcome, of course) but that we'd be making xmas for our DCs at their own home.
This caused much consternation at the time, and raising of eyebrows, but no one actually spontaneously combusted. (I've stuck to this plan for the last 22 years)
The immediate upshot was been that my parents (and the odd aunt) have would come to me for xmas dinner, and we'd travel to see the ILs on boxing day or the day after (because they stuck to their guns about not wanting to leave the house on xmas day either. Fine by us)
My dear father has passed away now, but DDs 1 and 2 have started bringing their DPs round for xmas dinners, I have a DD3 and 4 as well now, my mother and the odd aunt (there is just one) now spend the whole day here and xmas is becoming quite enormous with DH and i in the middle of it. It is stressful again but in a nice way. Everyone seems to look forward to it. (I hope they really do!!).