(Links in this post are affiliate links. I will be compensated when you make a purchase by clicking those links. See my disclosure page for more information)
I have made all these ideas several times and can honestly say that they are simple and frugal.
1. Simple Fingerless Gloves
I just started making these simple fingerless gloves this spring and intend to give them out as gifts this Christmas. They use just one ball of yarn that costs less than $5 without a coupon and even less with one.
Even if you have to buy buttons for these button headbands (I used some I had leftover from another craft project) these cute button headbands are right around $1 a piece to make. A set of three would still be well under $5 and would make a great gift for a young girl.
I find writing down just a few things I am thankful for each day really helps me turn off my brain and fall asleep quicker. My gratitude journal is a simple $1 week at a glance calendar from the dollar tree that I fancied up craft items I had on hand. I think these would make great gifts given with a pen and perhaps even a book mark to keep the person’s place and it would still cost less than $5.
4. Simplest Fudge Ever
I have been making this simple fudge recipe for over 20 years now and have not met a single person who does not like it. For gift giving you can line a 9 by 9 tin with wax paper or two small rectangular tins about 4 by 9 inches and then pour the fudge straight into the tin to set and give it as a block. If you want to change the flavor a bit omit half a cup of chocolate chips and replace it with crushed candy canes for a delicious holiday themed fudge.
5. Caramel Crunch or Christmas Crunch
To give this as gifts I either place the entire batch in an inexpensive Christmas tin or I divided up into see through goodie bags and tie it up with festive ribbon to make several small gifts.
To keep an entire batch under $5 I make sure to buy the ingredients when I can combine sales and coupons.
If Pinterest is not your thing but you do want more great low cost gift ideas for the upcoming Christmas season I recommend 101 Days Of Christmas. This ebook is packed with great low cost simple Christmas recipes and most of them would make excellent gifts.