So, my husband came up with a clever idea. Well, he might not have intentionally come up with the idea; I think he was teasing me about my yarn-addiction. However, he suggested that I knit/crochet bags - they would be reusable and could count as part of the gift.
I'm going to take some of my stash yarn and try to think out some easy bag-like patterns. Even a year away, I'm not sure if I have the discipline to make all of my gift bags for next year. Still, I might make a gift bag or two for a birthday and see how it goes.