Make something!
A Proenza-Schouler Necklace for your BFFBestie
http://honestlywtf.com/diy/diy-rope-necklace
Pom Pom wreath for your Grams
(see previous post)
Monogrammed (or any decoration of your choosing) Tom Collins glasses for your bro, or a mug for your Dad.
http://www.apartmenttherapy.com/chicago/diy/diy-decorated-drinking-glasses-young-house-love-133852
http://www.designmom.com/2010/11/diy-monogram-mugs/
Psychedelic Coasters for all your friends
http://www.openingceremony.us/entry.asp?pid=1574