Personal Finance Daily: Workers in half of U.S. states will get minimum wage increases this year, and how to get the biggest car insurance discounts

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Happy New Year, MarketWatcher’s! Here are today’s top stories:

Bill and Melinda Gates, and George Soros were behind the biggest donations of 2021 — but that doesn’t include anonymous donors

The largest charitable donations of 2021 went to universities and health care, according to the Chronicle of Philanthropy.
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‘We have to be agile’: School closures rise again as more teachers and students test positive for omicron

Roughly 2,200 schools announced closures for a period of time this week, up from 408 in the middle of December, according to one analysis. Read More

Workers in half of U.S. states will get minimum wage increases this year

California’s minimum wage is $15 an hour in 2022, but the law doesn’t apply to employers with less than 26 employees. Read More

Here’s one sign bullying dropped as schools went remote, but it’s returning to pre-pandemic levels

‘There are very few studies on bullying during the pandemic and even fewer using publicly-available nationwide data,’ a new paper says. Read More

Do you owe the ‘dreaded’ alternative minimum tax? Read this before filing your taxes

Rule No. 1: Don’t assume you’re exempt. Read More

My friend emailed to say she had intended to wish me a Happy New Year, but was upset I didn’t respond to her email requesting a charitable donation

‘Should I bite my lip and send a token donation, or tell her how I really feel and risk losing a good friend?’ Read More

What to do if your car is totaled

A car is ‘totaled’ when the cost to repair the damage exceeds the vehicle’s market value. Here’s what you should know if this happens to you. Read More

How to get the biggest car insurance discounts

Car insurance can be expensive, but does it have to be—learn how to maximize all available discounts to your advantage. Read More

This editor gave herself 30 months to pay off $55,000 in debt—here’s how she did it even faster

If you’re feeling burdened by debt, here are some ways to tackle it and improve your finances for the long run. Read More

Get away to a warm a weekend in Scottsdale, Arizona—what to do and where to stay, eat, and shop

With everything from top-notch resorts, golf and spas to hot-air balloon rides, art galleries and a delicious food scene, you’ll want to add this city to your bucket list. Read More