The third gift brought by the wise men to Jesus was myrrh. This was an ointment that was used in preparing a body for burial. This gift obviously was a gift that foreshadowed the sacrificial death of Christ.
Just before He died, another person brought a gift that anointed Jesus for His burial. One of His devoted followers broke an alabaster box containing an ointment an poured it upon Him. This was pleasing to Jesus.
While we can honor Christ with our possessions (gold) and our worship (frankincense), there is no need for us to anoint Him for His burial. He will never be crucified again, never die again.
How then can we honor the death of our Lord?
We can show our thanks for His sacrifice by living a life that demonstrates the transformation of the resurrection in us. Those who are in Christ have passed from death unto life. When we live in such a way as to reflect that life, it exalts the love seen in His death, the power seen in His resurrection, and the glory seen in His ascension.
In the words of Frances Havergal:
Take my life and let it be,
consecrated, Lord, for thee.
Take my moments and my days,
let them flow in ceaseless praise.
Let them flow in ceaseless praise.
Merry Christmas, Lord. All that I have, all that I am, all of my worship belongs to you.