For many years I couldn't afford to buy decorations to hang on my tree so I used to make my own, maybe just wiring a few pine cones and spraying them or doing origami with scraps of paper.
These days money isn't quite so tight but I still prefer the home made sort. Most I make for myself but this was a gift a couple of years ago. It's a really simple idea, just a couple of triangles of fabric stitched together and stuffed but the trunk of the tree is a cinnamon stick and the star is a star anise. Even after several years it smells wonderful