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