Family (cousins, aunts, uncles etc) is trying to agree on a spending limit for christmas presents this year. I agree that the spending at Christmas is out of control and i hardly want to buy everyone cashmere jumpers but at the same time I think that if you set the limit too low then it's very difficult to buy something nice and we'll all end up with about 8 simple photo frames or 8 things that we really don't need and will just throw out in January.
So I'm curious -- what do you think is a reasonable limit for adult family member gifts - a limit that allows you to buy a decent gift?
(oh, and i've suggested organizing it so that we each buy a gift for only 1 other family-member but that got rejected)