The holiday season has arrived, and the best gifts to give are ones you make yourself, so let's start some projects, shall we?
Good Vanilla Extract is very expensive in stores, as are Whole Vanilla Beans...but the same is not so on the wonderful World Wide Web. For the same price as two beans at the supermarket, you can have your self one of these luxurious 1/4th lbs packages:

So, now that you've got that, here's what else you'll need:

Small Bottles (I've got an old Balsamic Vinegar Bottle I cleaned out, and some old Watkin's Vanilla Extract bottles)
Vodka (You can probably use something cheaper, but I'm a believer in 'Better Ingredients, Better Product')
Whole Vanilla Beans
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Step One: Cut seeds lengthwise. You can leave them attached at the little curve for added flair.

Step Two: Scrape out the little seeds (called 'Caviar') and deposit them in your bottle

Step Three: Stuff those bad boys in there. Fold them up if you need to (you need to.)

Step Four: All that lovely flavor has to go somewhere. How about into some Vodka? Yeah, that works.

Step Five: Shake it every day for the first week, and then just whenever you open your pantry for the next two months. Sure, it won't quite be ready by Christmas, but the recipients will have the fun of watching it complete its conversion. Refill as necessary for the next six months, and then extract the beans and toss them in with your sugar for Vanilla Sugar.