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Folks might find the following beautiful framework from Indian Philosophy very useful here.

One's Life is structured w.r.t. three axes;

1) The Goals of Life aka Purusartha - https://en.wikipedia.org/wiki/Puru%E1%B9%A3%C4%81rtha They are;

    - Artha: All sorts of wealth including material and non-material like friends, health etc. Needed for a good life.

    - Dharma: Rules/Regulations/Laws/Ethics/Morals which make coexistence in a society possible.

    - Kama: All sorts of pleasures that one seeks for enjoyment. Many equate only this to the goal of life.

    - Moksa (optional): Cultivating a mindset which supersedes and transcends the above three thus "freeing oneself" from the unending "wheel of life".
2) The Stages of Life aka Asrama - https://en.wikipedia.org/wiki/%C4%80%C5%9Brama_(stage) They are;

    - Brahmacharya: From Childhood to Adulthood (before puberty) which is the Student stage. During this stage you focus on studying and learning various subjects/arts. Since both mind and body are still developing, self-control and discipline w.r.t. various harmful external influences are emphasized. The goal is the development of a healthy mind and body.

    - Grihastha: The married Householder stage with Wife and Children. The Grihastha is considered the central pillar of society since everything else depends on him. He generates wealth, enjoys all sorts of pleasures and lives within a social law framework for peaceful coexistence. 

    - Vanaprastha: The retired householder stage who has successfully raised his children i.e. put them through brahmacharya and into grihastha stage. He now removes himself from much active duty in society thus making room for the next generation to step-in and develop. He curbs his desires/wants (since both body and mind are ageing) and acts mostly as an adviser to the next generation.

    - Sannyasa (optional): This is a completely different stage/way of life whose only goal is Moksa. A person can move to this stage from any of the above stages. Most of the ordinary rules/laws/practices of society are not applicable here.
3) Finally, your "duty" aka Karma in Society. In today's world, we generally equate this with work which enables us to earn our livelihoods. This should be in harmony with the Goals and Stages of Life i.e. at each stage the mix of goals and emphasis on them are different.

Understand your current stage in life, Manage/Control your goals w.r.t. that stage and Adjust your duty accordingly for a Happy and Fulfilled Life.



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