Here is my supply & tool list:
Stamp Set: Wicked Cool
Paper: Tangerine Tango, Basic Back, Whisper White, Designer Series Paper - Howlstooth & Scaringbone (2012 Holiday Catalog)
Ink: Tangerine Tango
Accessories: Ribbon - Striped Satin (2012 Holiday Catalog) Pearls (painted black with a permanent marker); Stampin' Dimensionals; Punches - Oval Scallop, Large Oval, Scallop Trim Border.
So how is that for a cute little gift that doesn't require many supplies or tools? I will try to do some Christmas ones and post a tutorial in a week or two.