well, music is not a basic need.
we are in a 3rd world country... a country characterized with having not enough basic needs to go around.
ppl work all day and scrounge up whatever it is they need and as a result, never have time to appreciate art or music. i can relate, i mean, back when i was working on my business (it was losing money), i barely had time to listen to music. i travel and work for like 12 hours a day and when i get home, i wanna sleep or do something that doesnt require me to think ... listening to new music or even technical music requires me to think a lot compared to when listening to the old stuff i am familiar with.
just take the above situation and apply it to ppl who are in dire financial straits and unlike me who listened to "basic american influenced music," these guys exposure to music are limited to noontime shows and radio stations with 'kukurukuku' jokes on them ... they dont have time to listen to led zeppelin or blues, because those kinds of music require them to assimilate something new... and that action requires thinking, something you dont wanna do when you are tired.
i dont think you can get rich with music and music alone... you have to be a showbiz personality and a performer at the same time ... sadly, the only way to financial stability and music now is thru reality shows like Pinoy Dream Academy. other than that, i dont think you can be financially stable... a good example is the situation of bands like Kala... Kala is a good band, they blend pangmasa experiences with good technical playing, and i love them (i hate more than i love, hehehe), but i dont think they will be lying down whole day waiting for a gig or their next royalty check. as a matter of fact, i dont think they have enough income that allow them to change strings every gig or throw away 100 guitar picks to the audience. im not even sure that big bands like bamboo and parokya ni edgar can do that ... although parokya is kinda "big" compared to other rock bands, but still, i think their annual income wont beat an SM manager's paycheck - at least they live the rock life though, hehe.
gone are the days when even bands like April Boys or Aegis can be financially stable in pinas... even those pangmasa personalities can only make money abroad (not in pinas) ... playing smoke on the water in front of OCW's or whatever it is written in tissue papers handed to them.
as for me... i'd rather make NO MONEY playing my music, rather than force myself to play 5 hours worth of cover songs 5 days a week while earning something not even close to a US based registered nurse's paycheck.
just get a fun day job, as Bass Cog said. its not as bad as you think. take this from a guy who dreamed of making money from music when he was 16 till he became realistic when he turned 22 four years ago. hehe. stop being lazy. dont make music your excuse to ignore the realities in life.