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if you love it then yes! im sure your art shows your passion, and that's all you need! there are also some great art colleges as well :) art is everywhere!
If you're concerned you may end up a starving poet (or artist), have a plan B. Sure, passion can fill your life with joy, but food (and for that matter, money) can fill your life with peace of mind.
Have a plan. Any plan is better than no plan. Put money aside when times are good to make allowance for lean times. Decide on your standards of living. Will my life be bareable with less clothing? Without a car? Plan to make at least enough money to support the standard of living you have chosen, whether that be through a part-time job or only through your art. Plan holidays from your art - don't get burnt out.
Make art your life despite the lack of potential earnings if you would get more out of the art than out of what the money can buy you.
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Making art pay off is a combination of continually being driven and not excepting no for an answer. Also, get out and network, network and network. You have to put the work in online and off-line to become successful in this field. What are you interested in, maybe it's something that I could briefly mentor you on??
Hi. I think you gotta think about your priorities and the meaning of life for you. I've been thinking about it a lot (I study art). And i've figured life would suck if I were to be stuck with an 8 to 5 office job my whole life, so I'd rather be poor and happy the rich and miserable. But really I believe I won't get to the point where I'm really poor. Dedication counts, and we can make do. Even succeed.
Another thing is you will not be stuck with art for the rest of your life. I mean, you can always change your mind. nothing is written in stone... :)