Usually I work on people's Christmas presents year round so I can save the most money and not spend it on all kinds of things at once. Usually I just try to use things I already have, like wood boards instead of going out and buying expensive canvases. I also made a habit of using all of my supplies until it is impossible to use them any longer; a lot of my drawing pencils are little stubs but they work fine! X3
I am going to purchase a probably like a Corvette for my mother, and I'll also buy her a $3,000 24K gold wrist watch, maybe one of those expensive coffee makers that does everything, and a flat screen... Yes, that will happen.