My next door neighbor in my Bay Area home is from Egypt.

I remember a huge argument between him and his teenage daughter. He was proud to hand a debit card to her with her very own account and money and she was dismayed that it had his name on it.

He told her it was for "protection."

She later explained to me that in their family, only one person got a bank account and everyone else used it.

Of course, I am not assuming that all Egyptians are that way, but it could be something to think about when we see those statistics.

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