A Treat for Friends & Neighbors (this year, I made these white chocolate-dipped pretzels)
An Ornament from Childhood (I have an ornament I made when I was three!)
The Story of Jesus' Birth (for children)
A Family Christmas Tradition - We don't have one yet, though we do buy an ornament every time we do something special; this way we can re-tell all those stories as we hang them every year. Growing up, we used to celebrate Christmas Eve as Jesus' birthday - cake and present (usually an ornament).
So, I'm curious - what are your family traditions? Items on your "Christmas Essentials List"?