Ah, the tradition of hanging stockings for Christmas! It's a delightful custom that dates back to the early days of Christmas. According to legend, Saint Nicholas once heard of a poor man who had three daughters. He wanted to help them but didn't want to embarrass them by giving them gifts directly. So, he climbed onto the roof and dropped three bags of gold coins down the chimney, where they landed in the girls' stockings, which were hung up to dry. Since then, people have hung stockings to symbolize Saint Nicholas' generosity and as a way to receive gifts during the holiday season.