How can I save up enough money to pay my rent and care for my 7 children?

I cant afford my rent while taking care of my 7 children even with a good job and having a doctors degree in elctronic enginering.HELP ME!!!!!!!!!!!!!!!!

So you're putting your future and the future of your kids in the fingers of Yahoo! Answer users. Niiiice!

try going to a financial planner.

Check out this link - The USDA Rural Housing Program has a sliding scale (mortgage assistance, on a home purchase) Good Luck to you.

http://eligibility.sc.egov.usda.gov/eligibility/welcomeAction.do

Welcome to the USDA Income and Property Eligibility Site
1. This site is used to determine eligibility for certain USDA home loan programs. In order to be eligible for many USDA loans, household income must meet certain guidelines. Also, the home to be purchased must be located in an eligible rural area as defined by USDA.
To learn more about a USDA home loan program, click on the Loan Program Basics link on the left side of this screen and select one of USDA's home loan programs.
To determine if a property is located in an eligible rural area, click on the Property Eligibility link on the left side of the screen and select a Rural Development program. When you select a Rural Development program, you will be directed to the appropriate property eligibility screen for the Rural Development loan program you selected.
To determine income eligibility of an applicant/household, click on the Income Eligibility link on the left side of the screen and select a Rural Development program. When you select a Rural Development program, you will be directed to the appropriate income eligibility screen for the Rural Development loan program you selected.
To find out how to apply for a Rural Development Loan, click on the Contact Us link on the left side of the screen and then select a Rural Development Loan program.

Rural Housing Direct Loans are loans that are directly funded by the Government. These loans are available for low- and very low-income households to obtain homeownership. Applicants may obtain 100% financing to purchase an existing dwelling, purchase a site and construct a dwelling, or purchase newly constructed dwellings located in rural areas. Mortgage payments are based on the household's adjusted income. These loans are commonly referred to as Section 502 Direct Loans.
2. Purpose: Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.
Eligibility: Applicants for direct loans from HCFP must have very low or low incomes. Very low income is defined as below 50 percent of the area median income (AMI); low income is between 50 and 80 percent of AMI; moderate income is 80 to 100 percent of AMI. Click here to review area income limits for this program. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance, which are typically within 22 to 26 percent of an applicant's income. However, payment subsidy is available to applicants to enhance repayment ability. Applicants must be unable to obtain credit elsewhere, yet have reasonable credit histories. Elderly and disabled persons applying for the program may have incomes up to 80 percent of area median income (AMI).
Terms: Loans are for up to 33 years (38 for those with incomes below 60 percent of AMI and who cannot afford 33-year terms). The term is 30 years for manufactured homes. The promissory note interest rate is set by HCFP based on the Governmentâ€™s cost of money. However, that interest rate is modified by payment assistance subsidy.
Standards: Under the Section 502 program, housing must be modest in size, design, and cost. Modest housing is property that is considered modest for the area, does not have market value in excess of the applicable area loan limit, and does not have certain prohibited features. Houses constructed, purchased, or rehabilitated must meet the voluntary national model building code adopted by the state and HCFP thermal and site standards. Manufactured housing must be permanently installed and meet the HUD Manufactured Housing Construction and Safety Standards and HCFP thermal and site standards.
Approval: Rural Development officials should make a decision within 30 days of the Rural Development office's receipt of the application.
Basic Instruction: 7 CFR Part 3550 and HB-1-3550

Section 502 Guaranteed Loan Program:
1. Section 502 loans are primarily used to help low-income individuals or households purchase homes in rural areas. Funds can be used to build, repair, renovate or relocate a home, or to purchase and prepare sites, including providing water and sewage facilities.
Eligibility: Applicants for loans may have an income of up to 115% of the median income for the area. Area income limits for this program are here. Families must be without adequate housing, but be able to afford the mortgage payments, including taxes and insurance. In addition, applicants must have reasonable credit histories.
Approved lenders under the Single Family Housing Guaranteed Loan program include:
Any State housing agency;
Lenders approved by:
HUD for submission of applications for Federal Housing Mortgage Insurance or as an issuer of Ginnie Mae mortgage backed securities;
the U.S. Veterans Administration as a qualified mortgagee;
Fannie Mae for participation in family mortgage loans;
Freddie Mac for participation in family mortgage loans;
Any FCS (Farm Credit System) institution with direct lending authority;
Any lender participating in other USDA Rural Development and/or Farm Service Agency guaranteed loan programs.
Terms: Loans are for 30 years. The promissory note interest rate is set by the lender.
There is no required down payment. The lender must also determine repayment feasibility, using ratios of repayment (gross) income to PITI and to total family debt.
Standards: Under the Section 502 program, housing must be modest in size, design, and cost. Houses constructed, purchased, or rehabilitated must meet the voluntary national model building code adopted by the state and HCFP thermal and site standards. New Manufactured housing must be permanently installed and meet the HUD Manufactured Housing Construction and Safety Standards and HCFP thermal and site standards. Existing manufactured housing will not be guaranteed unless it is already financed with an HCFP direct or guaranteed loan or it is Real Estate Owned (REO) formerly secured by an HCFP direct or guaranteed loan.
Approval: Rural Development officials have the authority to approve most Section 502 loan guarantee requests.
Basic Instruction:7 CFR Part 1980.

You may be able to qualify for section "8" rental assistance. Talk to memebers of your church and a real estate agent too! There is probably grants and alot of help available for you! Congradulations on seven children, what a blessing. Do not worry, there is help out there!

Yeah!...go Citizen EX...tell her not to accept any responsibility for the fact that she has 7 kids that she can't afford to support, but rather see what kind of support society can provide for her...way to go!!!

Maybe you should go and apply for rental assistance if it is available in your area. Having 7 children, you should qualify.

well its great your putting your kids ahead . maybe u should get more than one job. get financial help. and it depends how old your kids are but maybe you should put them in daycare or hire a nanny while your off at work. ( this method worked for my friend

What about child-support from the children's father?

you should think before you decide to get 7 children

7 children?? Maybe you should have found another hobby?

I hate to sound cold, but why did you have so many kids if you can't support them?

Have you considered adoption? I'm sure that you love them, but you need to do what's best for them.....

sue the father for child support,maybe move to a cheaper place.good luck.

In these days in times i do not understand how anyone has 7 children but i am sure u love them with all your heart. If u want to get child support for your kids then go do that. I am not sure what u should do because u are an educated woman and working and doing the best u can! Good luck to you. Some of the churches in your area do help people that need food so try them and that would help .

Try to see if you qualify for HUD or some type of rental assistance program. Go to your local Dept. of Human Services and fill out for everything. You might qualify for something that could help but you won't know unless you try. If you're not getting any child support they can give you info on that to. If you qualify for anything they will most likely automatically go after Dad for support. Hang in there!!! I'll be praying for you.

What you have to start with is elliminating all unnecessary costs - eating out, frivilous purchases, etc. You should try to have your kids in extra curicular activities that are free (boys and girls club, maybe?). You could also set limits on thermostat settings and shower times.

Also, instead of daycare, you could have a nanny come to your house and watch your children (if they are not old enough to be alone) - you can generally pay them around $12 or so an hour - a lot better than expensive daycare.

My husband and I were getting in way over our heads with purchases and controllable spending - we sit down every month and make a budget plan. You could even sit with a financial planner or advisor. I would scrutinize my finances if I were you and elimintate anything you can!! :)

Family is also a great place to ask for help - not necessarily monetary, but general assistance. I hope this helps - good luck!

1st thing you need to do is stop having children. This will help.

You can't. You need to seek help from framily, a church or the government. Good luck.

There are only two ways to save money. Reduce your expenses or make more money.

I apologize, but I must be true to myself and render a judgement...You shouldn't have had 7 children! There, now having gotten that off my chest let me offer some ideas that may/might be helpful. Do you have any family you can hit up? Do you have a husband that works and contributes? Multiple fathers--Where's the child support? How old is the oldest kid--Can he/she get a job and help out with the finances even if P/T? Is it really necessary for you to keep all 7 together...perhaps you could put a couple of them into foster care...notice I didn't say adopt them out...I said foster care. You can take them back when you're better able to care for them. Contact your local social services agencies and see if they can offer you any help though I doubt they will cause you've got a good job...but try anyway with that many kids they may be able to offer something.

arms running and drug trade

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