We do roughly between £50-100 each on parents (my mum, Mil & FiL, although FiL has had a lot more this year), £25 each on my DB and SiL, £25 on one of my friends and if DH sees something his best mate would like, he’ll buy it, but that’s not every year. Other than that, it’s children only, although DH and I spoil each other rotten.
My DM, DB & SiL aren’t in a position to buy for adults but we’re pretty close to them and they do a lot to help us out, so we’re very clear that our gifts to them are more of a token gesture thank you, rather than an exchange of gifts because it’s Christmas. It’s usually only pyjamas and vegan snacks for DB & SiL which I’ve been buying them since they were teenagers, so it’s never enough to make them feel uncomfortable.
We’ve both got another two siblings each and their partners who we don’t buy for, and if we started with extended relatives we’d have to turn to crime to pay for it all.
Easiest way to do it would be a group text saying ‘Dear family, we love you all dearly but the cost of buying 12 of you gifts each year is becoming prohibitively expensive and we cannot do it any longer. So starting from this year, it will only be warmest seasons greetings to and from our household. We’re more than happy to be involved in a secret Santa if anyone wants to arrange it though. Lots of love, Henry & Co’