"Kind of agreed not to worry to much about giving each other gifts" sounds like a recipe for miscommunication.

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We'll be with my family on Christmas itself, so my wife and I will probably exchange gifts with each other on Epiphany. That gives more time for shopping.

We also set a more modest budget for gifts for each other than we have in past years. We'll celebrate with gifts, but it's not the most important thing to us by far.

I look forward to hearing if gift giving expectations were fully aligned! How do you mark Epiphany? Its not a part of our tradition at all.