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Gift Giving Among a Circle of Friends

I have a group of ten or so friends that comprise the "usual crowd." We get together for people's birthdays, movie nights, game nights, that sort of thing. At some point, we're supposed to get together for Christmas/Hanukkah/etc. There seems to be an avoidance of what to do about the gift-giving arrangement. In the past, everything was simple: each person bought presents for everyone else in the group, for the most part.

Do other people in their 20s and 30s do this? It seems to me that if groups of friends do anything, it's usually a "Secret Santa" type of arrangement. This way individuals, some who have less expendible income than others, don't feel bad about scrimping money together to get everyone something off their Amazon.com wish list.

What do you do with your friends for the holidays, if anything? Speaking of the holidays, "Black Friday" is nigh. For all the talk about it, the day is not the biggest for holiday shoppers.

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