Tough Times are Good Times for Travel Bargains Five Creative Money Saving Tips To Take a Great Vacation in Economic Hard Times With Travel Expert – Laura Powell The US economy has taken a downturn and no where is the impact felt more than in the travel and tourism industry. Oil prices have forced airfares up along with everyday expenses so vacation travel may seem like more of a luxury than a necessity. However, bad news for the travel industry is good news for you if want to take a vacation especially on a budget. The economic slowdown has forced many travel suppliers to lower prices across the board to fill millions of hotel rooms, cruise cabins and airline seats that are available on a daily basis. At a time when a lot of people are cutting back, there are still ways to take a great vacation on a budget if you know how to be creative. One of the biggest untapped resources is the 14-trillion unused frequent flyer miles out there? Yes, that’s TRILLION miles. Frequent flyer miles and rewards programs have attained the status of a universal currency, but most people think its so difficult to cash in that they dont bother. Miles are easier than ever to earn and by knowing a few insider tricks of the trade on how work to the system, you can cash in and get a five-star vacation for pennies on the dollar.WHO: Laura Powell is a nationally-recognized travel expert, having appeared on ABC’s World News This Morning, CNN Headline News, The Today Show/New York, CNBC and Fox News Channel. She created CNNs TravelGuide program and she covered the travel beat for CNN for nearly five years. Currently, Laura writes travel supplements for the Washington Post and USA Today.