It is possible. I myself just turned 26 and my wife and I have our third coming in July. Having kids is a sacrifice, one of the greatest sacrifices one can make.
I know many other young families. While I am a well-paid software engineer most of my young family friends are middle/high school teachers.
I know many other young families. While I am a well-paid software engineer most of my young family friends are middle/high school teachers.