Mom and Dad may be on a tighter budget these days, but when it comes time for Christmas or Hanukkah, there will be toys for the kids.

We've scanned the hot holiday toy lists from the retailers and trade publications such as "The Toy Insider" and "Time to Play" magazine and done a little digging ourselves to bring you a collection of toys that are sure to please children of all ages.

The trends this season include lots of collectible toys such as Squinkies and Zoobles, as well as plenty of new twists on traditional favorites.

Here are those and some of the other hottest toys of the holidays:

©Playmobil

1-2-3 Large Farm Playset

Manufacturer: Playmobil
Suggested retail price: $54.99
Recommended ages: 18 months to 4 years

Sure to inspire hours of open-ended play, this farm-themed playset contains colorful animals that are larger than the traditional Playmobil figures and pieces, in order to be appropriate for toddlers.

©Disney

Dance Star Mickey

Manufacturer: Fisher-Price
Suggested retail price: $69.99
Recommended ages: 18 months and up

Get ready to dance along with Mickey. In dance mode, children can groove with Mickey as he moves to the beat of one of six different songs, or put him in game mode to play "Mickey Says" or "Freeze Dance."

©Spin Master

Zoobles

Manufacturer: Spin Master
Suggested retail price: $9.99
Recommended ages: 3-11 years old

Already a hot seller, Zoobles are a collectible toy from the makers of Bakugan. Although each of the pieces operates in a way that is similar to the popular Bakugan orbs, the design and manner of play is more likely to appeal to girls.

Pop the round balls on top of their magnetic "happitat" and watch them transform into whimsical characters.

Collecting is a popular trend right now, whether it is Zhu Zhu pet hamsters, Silly Bandz bracelets, or many other items.

©Jakks Pacific

Disney Princess & Me

Manufacturer: Jakks Pacific
Suggested retail price: $49.99
Recommended ages: 6-8 years old

Sales of 18-inch dolls are expected to be robust this holiday season, says Karen Dodge, chief merchandising officer at Toys 'R Us. This Ariel doll from Jakks Pacific's Disney Princess & Me line is just one example of the trend. Available exclusively at Toys 'R Us and the Disney Store, they are likely to be a hot toy this holiday season, because girls are so fond of the Disney princesses.

Other dolls in this category include Mattel's American Girls dolls and less expensive versions such as MGA Entertainment's Best Friends Club. Walmart sells an exclusive line of 18-inch Madame Alexander dolls, while Target's exclusive line is called "Our Generation."

©Learning Curve

Chuggington Launch & Go Roundhouse

Manufacturer: Learning Curve
Suggested retail price: $24.99
Recommended ages: 3 years and up

According to Toys 'R Us, there is a resurgence in the popularity of trains this holiday season. Pictured here is a set for preschoolers based on the popular television series "Chuggington," which airs on Disney. Products licensed with PBS's Thomas & Friends also are expected to sell well this year, as are other sets designed for older children.

With this set, children can rotate the launcher and eject engines onto the circular track.

©Mattel

Sing-A-Ma-Jigs

Manufacturer: Mattel
Suggested retail price: $12.99
Recommended ages: 3 years and up

Sing-a-ma-jigs has made it on many a "hot toy" list this fall, and it's no wonder: put simply, this toy makes you smile. Each of the plush characters sings a different song, but the real fun happens when you have several harmonizing together.

©Jakks Pacific

Real Construction

Manufacturer: Jakks Pacific
Suggested retail price: $24.99 and up
Recommended age: 5 years and up

This brings role-playing construction to a whole new level. Children can cut and nail the foam as if it were wood. There are different size kits that include construction plans, or children can design their own creations.

©Jakks Pacific/Wild Planet

Spy-Themed Toys

We've seen numerous spy-themed toys this holiday season that should garner a lot of attention. Two of the most interesting include Jakks Pacific's Spy Net Secret Mission Video Watch, which is targeted to kids 8 years old and up, and is priced at about $49.99; and the Wild Planet's Spy Gear Radio Control Spy Video Tracker Vehicle, which is recommended for ages 6 to 12 years, and is priced at about $120.

The lower cost of technology has let a lot of toymakers create innovative products and still keep prices down. Both of these toys include video cameras capable of recording video that can be uploaded to a computer.

The Video Tracker Vehicle even allows kids to write their own applications to download back to the vehicle.

©Mattel

Monster High

Manufacturer: Mattel
Suggested retail price: $16.99
Recommended ages: 6 years and up

Monster High is a new fashion doll line from Mattel that is off to a strong start, fueled by a social media campaign and online videos. The product taps into the current popularity of vampires; it offers a bold style that is bringing older girls back to the category.

©Microsoft/Sony

Motion-Control Video Games

Watch out Wii, there's competition from new motion-control games and systems. Microsoft is out with Kinect and Sony will be selling Move this holiday season. Both attempt to elevate the motion-control experience to a new level.

Kinect does so without a controller as the system scans your entire body, while Move has wireless controllers that are said to be more precise than Nintendo's Wii, allowing for more powerful gaming.