To young to have a baby?

I'm 20, I go to uni full time (however I'm rarely on campus) studying fine art, I also work part-time at weekends. I have a friend in a similar situation and recently we've been considering having a baby together. So my question is, do you think I'm to young to be planning this? This isn't a spur of the moment thought. This is after months of consideration. Thanks in advance for any replies! :) 

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