Ideally, we would all love to flourish our loved ones with extravagant gifts during the holidays. But let's get real: we're broke. Hand-made trinkets and home-made treats are great if you have the time and the talent, but again, this may not be a reality. For many of us who are working with limited funds this holiday season, there are still plenty of stylish options.

With a budget of just $200, here are a few suggestions on how to treat your family and friends to presents that will make them feel like a million bucks.