The tree. It's the smallest (and cheapest :) one we could find and it's up on the trunk, so the babies can't destroy it. I had extra fabric from the cuff of the burlap stockings my mom made us, so we cut the red, green and tan plaid fabric into strips to tie on the branches, white lights and an angel with a patchwork skirt to decorate the tree. A burlap tree skirt inside out (the other side has adorable felt ornaments that would be too much temptation for the babies).
The centerpiece. I made this in five minutes with stuff already around the house - two wine glasses from Goodwill I had in the cupboard, red tea lights I had in storage, extra trimmings from the tree and the berries from the fall front porch decor.
The front porch. This was almost free - more tree trimmings, holly cut from my neighbor's yard and a red bead garland I found at Target for $2.
Go here to see more thrifty holiday decor linked to The Shabby Nest.