Is it ok to simplify gift giving in future?

I have given all my friends all the belongings that they need and didn’t have. I know so many people that gifts for all my family and friends are piling up in my small house and it’s getting expensive, gift buying and stressful. Is it ok to simplify things next year, with experiences, cash or meals out instead of buying heaps of gifts?

Is it ok to simplify gift giving in future?
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