As cost of living pressures mount, many families are adopting the seven-gift rule.. This approach involves giving one gift for each of the following categories: something they want, something they need, something to wear, something to read, something to share, something to do and something from Santa. By adopting this method, families can focus on thoughtful and meaningful gifts rather than overwhelming themselves with excessive spending. The seven-gift rule not only simplifies the shopping process but also allows loved ones to celebrate the spirit of Christmas without the financial burden.