Once you've bought a gift, wrap it. Trust us, you'll be so glad you've done it bit by bit, way in advance, when you're chilled out on Christmas Eve sipping on something sweet while your friends are elbows deep wrapping every single present in one day.
You don't need to use Christmas wrapping paper either. It's cheaper (and more chic, some might say) to use brown parcel paper, or plain red or white. Wrap with a metallic ribbon to give it a more celebratory vibe.