It's a labor of love! A large part of "compensation" for a musician (as I see it) is the satisfaction of being able to do what you want to do...play music. Of course we want to be paid at least enough to live a meger life and not have to constantly worry about money too much, but unless you have a very together act and are willing to tour on a shoestring budget, or play in numerous bands or one with gigs every night of the week, you will not be able to support a family, buy a house or anything like that.
Back in the 80's when my first child was born, my music income did not cut it (2 or 3 gigs per week) and I had to face the facts. As much as we/I tried to plan things so I could start touring with the band I had at the time (was a tour worthy band too and we started getting booked in bars all over as we planned the touring), mynow xwife became pregnant, about 2 yrs sooner than planned. So, "the plan" did not materialize. I had to stop playing with the band and work a good paying day job with health insurance and all the other bullshit that goes along with it. I kept jamming on weekends (for the love of it) with some buds and still do. Just jamming on weekends and practicing when I could during those years continued to increase my abilities and refine my technique. I'm a lot better now than I was then. No matter what happens, never stop playing!
Now I can do whatever I want and am slowly trying to put something together with some other older farts like me! So, like I said, it's a labor of love! Don't expect it to be easy as far as money goes!