I don't know why people put themselves under that much financial pressure, and for what?!
I like Devonladies ideas, this year I have spread the cost and made most people hampers or night before Christmas boxes with some bought, some home made bits, Christmas cake, shortbread, decorations, nuts, sloe gin (save up mini wine bottles) festive DVD/book... Also helps me feel a bit more festive and I think it's more personal.
I wonder how much of the food they get actually gets eaten and how much gets thrown away! My mom runs a lunch club once a month at the local church which I went to help out with for their Christmas party last week, it is all volunteers but we cooked for 47 people at £6 per head (£282), which included a sherry or orange juice when they came in, soup to start, turkey dinner and a glass of wine (the meat was sliced from the butcher admittedly not a whole bird), Christmas pudding, mince pie, tea/coffee and "entertainment"/ carols and technically turned over a small profit (which gets fed back into the club)! So to spend £1500 for 3 days!