That depends on your budget and the number of people you need to buy gifts for. It's important to consider your finances and prioritize your spending. Remember to set a budget for gifts and stick to it. If you have a large family or a lot of friends, you might need to allocate more money for gifts. You should also think about the quality of the gifts and whether they will be appreciated by the recipient. Ultimately, it's up to you to decide how much you want to spend on Christmas gifts.