Enjoy this two-page activity prior to beginning your "Gift of the Magi" (O. Henry) unit. Could be used as a gift-giving lesson without reading the story as well. Students think about what gifts are, who they give them to, how they afford them, what they would be willing to sacrifice to give a gift and what they would not. Also asks students to define irony and magi, which they will better understand upon reading the short story. A great, engaging pre-reading activity with holiday-themed images. Enjoy!