New Jersey's newly elected governor, Mikie Sherrill, has a big task ahead. The state has some serious money problems, and they're not just about taxes or jobs. There's a huge gap between how much white families have and how much Black and Latino families have. This isn't just about numbers; it's about real lives and real struggles.

Take Shaniqua Mosley, for example. She's a single mom of five, working full-time as a security officer. Even with a steady paycheck, she's always on the edge. Her rent might seem cheap to some, but it's still a big chunk of her income. She's always choosing between laundry and transit, worrying about rent increases. Her story isn't rare; it's a common reality for many families of color in New Jersey.

So, what can be done? Experts say two things are key: affordable housing and good jobs. Right now, only about 40% of Black and Latino families own their homes, compared to 76% of white families. Homeownership is a big deal because it's how most people build wealth. If the new governor wants to make a difference, she should focus on making it easier for families to buy homes and find good jobs.

But it's not just about housing and jobs. Everyday costs like childcare and utilities are also a big deal. These costs can make it hard for families to save money or invest in their future. The new governor could help by lowering these costs and making sure everyone has a fair shot at a good life.

New Jersey is a great place to live, but not everyone gets to enjoy that. Some families are doing well, while others are struggling just to get by. The new governor has a chance to change that. She can make New Jersey a place where everyone has the opportunity to thrive, not just a few.

The first 100 days of her term will be crucial. She can show everyone what she's made of and what kind of New Jersey she wants to build. The choice is hers: will she tackle the wealth gap head-on, or will she let the divide grow even wider?

RACIAL WEALTH GAP

New Jersey's New Leader: Time to Tackle the Wealth Divide

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