If you are middle or lower class, put some money in your simple home and some in index mutual funds. Some in the USA, some in Europe, some in Asia. Put some of your cash in foreign currency, especially the strong ones like the Swiss Frank. Take 5-10% of your money and gamble in the stock market but no more than that. You'll likely lose it. The market is pretty rigged.
Don't bury yourself in your work, especially if you are working for someone else. Work hard but not too hard. Someday that someone else will burn you, that's before or after he has gotten rich off of you and others like you.
Don't aim to learning full time. Learn in the morning and night and work in the day. That's normal life. If you find 10 million dollars in your bank account, we can talk about adjusting that schedule.
Know that college is mostly a scam, a way for children of the rich to enjoy themselves as they conduct research that you pay for. Don't borrow for college. Go to a public college at night preferably online while you work and build real skills. Major in something that will lead to earning an income. You can educate yourself just fine with books and online lectures.
Do some chesed, make it 10% of your life if you want, but your primary responsibility is to yourself and your family (presuming your goal is to live simply). That's not selfish, it's survival. We are talking to working people here, not ones who go on cruises. The rich need to do much more.
