My childhood I had a fun christmas stocking, nothing expensive but stuff my mum knew I loved. I do this for the kids, nothing expensive and they still, now teens come into our room to open it and start the day, it remains very cute.
They then proceed to chuck things at each other up and down the stairs for an hour or so (from something in their stocking) whilst we muster up the energy to get a Baileys coffee on the go.
Presents under the tree: They get a main present, although this year will be money on the PC games account. Rest is smaller stuff, books, board game each, something to wear, chocolate, nothing, we all get a present each and then we spend the day playing, eating, neighbours round, few drinks, crackers.
They are much more interested in time and fun together that we usually have presents still under the tree unopened Boxing Day.
So it's a bit like my Christmas, I used to get a main present, go and see family in the village, eat, play, take dog out, feed the rest of the animals, watch tv, doze.
We have always kept a bit of the "pagan' celebration, mid-winter at the fore so that it's not about presents, it's about charity, thanks, warmth, looking back, looking ahead.
We do some low key and panto as lead up, we usually have fun advent calendars, we always get the youngster to do the 12 days of Christmas WITH ACTIONS, his French Hen is a thing to behold! We do a 1000/1500 piece jigsaw, we read Christmas who-dunnits, usually get out the Christmas around the World book and see what is traditions happen in other climates. We design and attempt to build a gingerbread house (GBBO it is NOT). We do evening walks around village to see the outdoor Christmas lights.
But stacks of presents, no, not really, enough for them to feel loved, as many surprises as is possible to give teens who have plenty already.