There's a pile of presents beneath the tree
Carefully wrapped by you and by me
But it won't be the gifts that stay in our mind
Years from now when we look back, we'll find

It's the smell of cinnamon filling the air
Helping mom decorate cookies with care
And the holiday records that dad loved to play
We'd all sing off-key as we got carried away

The presents we get will wear and fade
But the real gifts of Christmas, are the memories made

We're unwrapping moments we're making together
And wrapping memories that will last forever
Decorating the tree with a star placed on top
As we sit by the fireplace watching popcorn pop
'Cause Christmas isn't about the gifts that you get
It's our time spent together we'll never forget
With every laugh, every hug, every sweet melody
We're unwrapping the present and wrapping memories

It's the clothespin reindeer
Made with googly eyes
And fuzzy pipe cleaner antlers
That we'd improvised

Writing our letter to Santa
Promising we'd been good
Hoping he wasn't always watching (laugh)
Or at least that he understood

But it didn't really matter if he filled our list
Our time spent together is the true gift of Christmas
There are times when he didn't quite fill the whole list
But that didn't stop us from having a merry Christmas

We're unwrapping moments we're making together
And wrapping memories that will last forever
Decorating the tree with a star placed on top
As we sit by the fireplace watching popcorn pop
'Cause Christmas isn't about the gifts that you get
It's our time spent together we'll never forget
With every laugh, every hug, every sweet melody
We're unwrapping the present and wrapping memories

We're unwrapping the present and wrapping memories