I make homemade Christmas tags every year. It's a great way to personalize my gifts, and it doesn't take a long time or cost a lot to make. I think a bundle of Christmas tags would also make a great homemade neighbor gift during the holiday season!
Christmas tree tag: I used my Cricut to cut out the tree (you could use a punch instead if you don't have a Cricut.) I stuck stickers on for the ornaments and glued a button on for the star. I punched a hole at the top and strung through red ribbon