Way I see it, you only really need to bother about YouTube monetization when you're getting the amount of revenue that can support certain investments like savings for a new setup or whatever. If you're small as 'THENigeliam' said, you're basically not really earning a wage from it anyway, so just focus on making your content for you and because you enjoy supplying videos to your subscribers, and hopefully with a lot of hard work, commitment and determination, you'll get to the point where you can then worry about monetization on your channel. Do YouTube for YOU, not for the money.