It’s Christmas at the Anderson's and you know what that means: parties, presents, and plenty of mingling. Everything is set up for another year of remarkable gifts until Michael gets fired from his job for being too greedy right before Christmas. Now, he and his wife Caroline will have to cancel the parties and presents for their twins Brendan and Julia. All hope for a great holiday is lost until wacky Aunt Katie randomly shows up at the house announcing she’s going to spend Christmas and New Years with the family. Reluctant at first, the Anderson's give Aunt Katie a chance and she soon helps them realize they can still come together to pull off an amazing Christmas without any money. With her help, they rediscover that the most important part of the holidays is the people you’re surrounded by, not the presents you receive.