Every year I try and do my bit to recycle our Christmas cards by cutting them up to make tags for my presents next year. My mum has done this for as long as I can remember, and it's a frugal tradition I'm happy to continue!
Here's my batch from last year. A hole punch to make the hole and some pretty ribbon is all that's needed to make them pretty enough for any present.
I know, I know, it's something that is pretty commonly done, but I've got to fill my 24 posts somehow!