Each year we waste a percentage of our holiday money on exchange fees on getting foreign currency,
We also get turned over with most banks asking for a percentage when we use cards for non Sterling currency.
Using pounds largely restricts us to UK banks for normal banking - the banks who currently seem to have hundreds of thousands of people challenging fees those banks claim are legal (yet paid out for every case the FSA asked for how the charges were calculated)
The pound has lost over 20% of its value against the euro in the last couple of years which is now beginning to help increase inflation, in addition to adding a direct increase to holidaying in the Euro zone.
The money many of us have saved to buy a place somewhere sunny to holiday in then retire to is now buying something worth roughly 20% less.
Using Sterling adds a level of complication and invariably fees in buying cheaper goods from the rest of the Euro zone.
Mortgages are harder now to obtain in the UK, However - if we used the currency of most EU banks and with no exchange rate risks or costs - there would be a far wider range of mortgages available.
If the UK adopted the euro - it would become the worlds major trading currency replacing the dollar, and if oil was priced in the currency we used it would protect us against the currency swings that recently added 10% to our fuel costs.
The only people really in favour of keeping the pound are little Englanders, those who have not considered the cost to us - or politicians who would lose part of their control over us.
What do YOU think?