We never had a party at home, but each year in grade school we had a party, the PTA would provide cupcakes and punch and we nearly always had a tree with ornaments made of paper by the students.
At home each year a few weeks before Christmas my mom would make "Tom and Jerrys" they were actually home made eggnog and sherry, and it always amazed me as soon as mom made the eggnog neighbors and friends showed up to have a "Tom and Jerry". While I was too young for the sherry, she always let my sister and I have some eggnog with a little cinnamon on top. After she died I bought a quart of eggnog at the store and was soo disappointed in the taste. Mom used a lot of eggs in her eggnog, it was so thick it barely poured and I don't think the store eggnog had any eggs in it and it was so thin and runny.