But now, come the returns!
About 20 percent of Americans will return at least one holiday gift, according to Consumer Reports.
And, with fraud at an all-time high, some stores are enforcing stricter return policies, according to AOL Consumer Adviser Regina Lewis.
On the other hand, she points out, many stores are loosening up a bit regarding givebacks of holiday items.
So, on "The Early Show" Monday, Lewis offered pointers to help ease the returns process for you.
-- Have your receipt, gift receipt or purchasing card to prove purchase date and amount.
-- Return time limits vary widely by retailer and by item being returned.
-- Don't open or use unwanted gifts.
-- You may be able to return items bought online at the store.
For all of Lewis' tips, click on the video below: