Is freelance writing a lost cause?

In terms of making a sufficient amount of money?

For me, that would be around $350 per month, as it would completely cover all my expenses: rent, utilities, food, etc.

I had intended to make freelance writing my side gig to accomplish this, while dedicating my time to another project that I love doing, and that would probably pay off in 2 years. I do get a couple of writing gigs from time to time, and had no complaints so far, but they are not nearly enough.

It seems that this market is…

Is freelance writing a lost cause?