Everyone in the family gets a hat this holiday. The one pictured below is my next-to-last hat I'm knitting for the season.
Using a basic hat formula (like the easy to print out and reference one here, or the brim calculator here) I built a K3, P1 rib hat using a double strand of yarn from Elann -- the yarn was the Peruvian Collection Highland Wool that knits up in a nice firm 3.5 stitches to the inch when doubled. This wool is a great find at $2.25 a skein (USD).
The hat is warm and doesn't look that glam off the head...
But does on it!