I just wished she could wake up from her dream and smell the coffee. Live a life that has a purpose and goals instead she just basks in the grandeur making quick money with her body.
That's a value judgment. Personally, it makes sense. But it's not your call.
One of the toughest things to do is to watch someone you care about make "bad decisions". Of course you would rather see her put her (undoubtedly extensive) talents to a more stable, socially acceptable, dare I say, "marry-able" future. At a minimum, you simply don't want to see her get hurt, or achieve less than what you think is her full potential.
An even harder thing to do is to understand that not everyone shares your value systems, no matter how "common" or "common sense" you might think they are. For example, you might know that toothpaste goes on sale every month. So, you'll just buy 3 or 4 tubes every time they go on sale because you know that you'll need them eventually. She might not care even if she knew that sales happen regularly. She is quite content to pay full retail whenever she needs it.
We are products of our environment. Our life views are formed by our life experiences. In other words, she may see the world through a totally different lens. You may grow to accept it, but you might never understand it. You sound like you're crossing into the "us" zone. Until she demonstrates (with action, not words) that she is making a commitment to you, it's just you and her, not "us".
Her entire life horizon may consist of the short term. She may be able to talk about the long term in the abstract (dreams and hopes). But, she doesn't really grasp the concept. She may be completely unwilling to take concrete steps to realize those dreams and hopes.
I guess what I'm trying to say is this:
1. Don't worry about catching feelings. It happens.
2. If you care about her, just be a good friend.
3. Don't make her problems your own. She is responsible for her own life.
