According to a recent Pew Research Center analysis of household finances, the average American loses roughly $5,000 in wealth per year from splitting checks. When taking into account the most common check-splitting scenarios, from dividing up restaurant bills after a dinner, to sharing bar tabs following a night of drinking, we found that most Americans experience a net loss of between $3,500 and $7,000 in a typical year, lead researcher Steven Brannard said of his teams findings, which noted that the average American loses $2,000 alone when attempting to pool the correct amount of money from friends to pay and tip pizza delivery drivers. Every time a person asks, Can someone spot me? Ill get you back later, or puts in a twenty and declares, I think thats good, it costs the rest of the table hundreds of dollars in out-of-pocket expenses. Compounded over an entire year, these losses have a significant negative impact on Americans net worth and standard of living. In contrast to the vast majority of citizens, the study noted that about 5 percent of the population made $95,000 a year from splitting checks. 