Its his first christmas, if it weren't for them, I doubt we would be doing anything this year.
Be sure to take lots of pictures/videos so he can look back on it when hes old enough.
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Christmas lost it's edge when i was able to afford anything i'd usally ask for. So instead of giving up on it and just buying big ticket items for myself, I'd do it for my family.
Going back to school has destroyed me financially, though...especially because I plan to remain debt free throughout my education. So nobodies getting presents, and i've actually asked for things that I
need (like shoes for the winter)rather than want.