What to do with those Frequent flier miles? A perennial question for hoarders and collectors of miles. The
New York Times reports that the
devaluation of airline miles is basically a given. Your miles that once got you an easy trip to Europe, now won’t get
you a bag of peanuts. Perhaps it’s no wonder since U.S. airline passengers are hoarding about nine trillion
frequent-flier miles, up 50% from five years ago.
So maybe cash in your miles now before it’s too late.