Whether you're a devoted wrap-a-holic or giftwrap-averse, here's a holiday event for you: a wrap party!

The premise is simple. Gather your friends, a few cookies, some eggnog and a few holiday CDs. Get together to wrap, wrap, wrap your gifts in good company. Sharing a few laughs with friends makes the chore fly.

Bonus benefit: encourage guests to swap left-over gift wrap supplies at party's end. Everyone will leave with fresh new wrapping designs for the last few gifts to land under the tree--and a good time, too.