I say you should go for it if it’s what you really want, but make sure you do not let it impact your relationship with your family too much because it will impact your home life, your mood, perhaps your health and ultimately impact your writing too.
From what I’ve heard, dedicating weeks or even a month or so solely to writing and updating on a regular basis is what may help with getting a shot into writer payments which is grueling, demanding and has no guarantee of success.
It’s also not something that’s going to be hugely supportive anyway (financially) unless you’re consistently getting millions of reads + many gems spent on your story. The upside is that it’s a great achievement and once you’re in, you’re in and you will earn some money for your hard work.
I also wanted to say that there are other ways to earn money too, if you’re artistically inclined, you can charge money for commissions, if you’re 3D inclined, you can charge patrons for access to your backgrounds and overlays. You can also charge patrons or fees for extra content that isn’t on Episode if your story is doing well like bonus scenes, other POVs, mature scenes, deleted scenes etc. You can create pages where your supporters can donate, and don’t forget – there’re other interactive apps that are more willing to pay their writers too, so if achieving Episode’s writer payment criteria ever looks too unreachable or no longer remains your goal at some point, just remember there are other ways to earn. 
I wish you luck with your goal and I hope you achieve it! 