miles vs. dollars
Hi,
Is there a rule of thumb as to what ratio of miles to dollars is worthwile? For instance, I hear of you all participating in different promos, special offers, buying gift certs, doing mile runs, etc. I'm just curious if there is a rule of thumb that most go by. Or, for you individually, at what point is it worth dollars spent to earn miles? I suppose this may depend on your goal?
Another related question is, for someone like me that always flies coach, how should I determine whether or not I want to use an award ticket or pay for the trip and rack up points/miles? Do any of you use a particular rule of thumb for this decision?
Thanks for your ideas and your time.
Julie the Newbie