Wear red! It is the color of good luck!
Make lanterns. There are all sorts of ways to make them, but this technique is really easy. Just fold your paper in half and cut 1/2 inch strips beginning on the folded side, leaving about two inches intact at the top. Unfold, glue or tape together, and add some light on the inside.
Attend a festival. Lehi High School has a great Chinese program and they do a festival every year. We are planning to attend.
Give red envelopes. Any red envelope will do, although you can get special ones that are red with gold imprint at any Chinese market. Put some money in them and give them to children.
from about.com
"Red envelopes are handed out to younger generations by their parents, grandparents, relatives, and even close neighbors and friends during Chinese New Year. At some companies, workers may also receive a year-end cash bonus tucked inside a red envelope. Red envelopes are also popular gifts for weddings and birthdays. When giving someone a red envelope, use both hands to present the red envelope to the recipient. Giving and receiving red envelopes, gifts, and even business cards is a solemn act. Therefore, red envelopes, gifts and name cards are always presented with both hands and also received with both hands.
The recipient of a red envelope at Chinese New Year or on his or her birthday should not open it in front of the giver."
And if you need a little laugh, I found these on Pinterest, but they were a little raunchy, so here is the cleaned up version.
