Everything I've found, below, is on the right side of a tenner (often a fiver), and all are ripe for re-use next year, once the festivities are over (even the cards – snip those carefully under each number and you have sleek gift tags, Christmas tree ties or even quirky bunting.)
Paper Nativity Decorations, £9.50, V&A Shop
Make your very own nativity scene with the V&A Paper Nativity Set which includes 10 individual pop-out figures. Treat them lovingly and they'll be ready to get out again for Christmas 2012.
Red Pompoms Ribbon, £4.50, Cox & CoxLove this multi-purpose pom pom roll – tie it around presents or plant pots, hang it from the mantlepiece... and then you can re-use it by sewing it around a suitably-coloured cushion. Eminently good value.
Teal glitter reindeer with pink glitter antlers, £4.50, Paperchase
This sparkly chap measures 19cm high, and I love that he's not trad silver, gold or red. He'd look good adorning dark-painted wooden stairs, or shelves.
French Geometric Ribbon, £4.75, Present & Correct
12 Days' 10-Christmas card pack, £5, Present & CorrectDesigner, Dave Burdon, was one of the winners of a competition organised by the V&A and London Design Festival. These cards are so striking and would be wasted with just one use.