Nope, I'm not too far ahead of the season. If you want a wonderful and frugal Christmas, you have to start ahead of time, so here goes...
Things you can save to make ornaments and decorations for Christmas:
Old keys. Spray paint them gold, silver, red, green.... glue glitter all over them (or both) and insert a chain, ribbon or wire for hanging on the tree.
Card Stock. As in, greeting card backs and things like paperboard from tablet backs or cereal boxes. Cut shapes like stars, bells, angels, trees, gingerbread men, houses or wherever your imagine and preferences lead you. Spray paint and leave as is, or cover with salt, sugar, baking soda or glitter.
Aluminum soft drink cans. With a pair of tin shears or heavy duty scissors, you can cut shapes of any kind. Wear gloves and be careful because the edges are sharp. These are great for outdoor decorations.
Jewelry. If you have costume jewelry of any kind that you don't wear, use the parts to create one of a kind ornaments. A big roll of florist's wire is inexpensive and goes a very long way to thread old beads or fasten decorative pieces together.
Styrofoam. As in the kind that meat is packaged on. These are great to use as trays for small displays like tiny villages or skating scenes. Use a mirror, surround it with baking soda and create a scene with whatever you can find.
Pine cones, weed seed heads, dried grass. You will find many uses for these. Pine cones can be spray painted or used as-is, weed seed heads can substitute for trees or bushes in miniature displays and dried grass makes an awesome bed for baby Jesus (which could be a roll of white cloth with a wooden bead or something similar for a face).
No, it's not even close to Christmas, but it makes sense to think ahead and be ready to do it up right, frugal style!