Here are two inexpensive and easy to use items that will give your holiday decorating plenty of color and sizzle.
1) Ribbon. Go to a craft or fabric store and buy a bolt of wire edged ribbon. The wire helps you shape the ribbon and gives it body. Use it as garland (vertical or the traditional horizontal style) on your tree, on a mantle, on wreaths, on stairs. I got a whole bolt, 50% off, for the whopping price of $4 and have used it all over the house.
2) Large silk flowers. While you're at the craft store, pick up some large silk poinsettias. Cut off the long stems and place artfully on your tree or elsewhere. On the tree, they provide big, bold color, serve as ornaments, look beautiful but are inexpensive. Combine the ribbon and the flowers and your tree is decorated in no time. You can also use small flower picks to add holiday accents throughout your house - on wreaths, atop mirrors, on mantles, and more.