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I am a single mom of 5 children. I work 4 jobs and am barely scraping by. I can't afford to make the wrong choice.
Fortunately for you, none of the right choices will cost you money--and any choice that costs you money is automatically a wrong choice.
Do I need an agent? What publishers should I be approaching??
You'll find answers to these questions in the "Children's Literature" studio here (read the stickied threads first) and in resources like the Writer's Market guides, which should be available at your local library (or obtainable for you through inter-library loan).