Our family has worked in the industry for decades. We know of what you speak. :^)
I’m not sure if you worked as a teacher/instructor, or mainly gigged. We worked in both areas of music with an emphases on live performances and session work.
So our child has been around the industry before birth. We have talked at length about the challenges to face in the industry, and encourage a trade to fall back on. Not everyone is gifted with an ability to teach. Our child possess an aptitude in computers, so the budding musician has also been studying in that field.
Our hope is that the talents and gifts the Lord has bestowed will be used for His glory.
Hubby and I are vocalists, so that's a strike against us right there (lol) as we are not that proficient on the other instruments we play (guitar for hubby and piano for me).
We never taught music since we graduated from SDSU in 1978 right as Prop. 13 passed....after which all the music teacher jobs just dried up. Adulthood also crept up on us and before we knew it, we had 3 kids. I made the conscious decision to put music on the back burner to focus on family life (which I don't regret at all), although hubby still sings in the church choir and any other gigs he can get.
I envy your success in the field. It's a dream job if you can get it....making money while doing something you absolutely love.
Mrs. Prince of Space