Having more money and less free time or earning less money and having more free time

In the modern world there is a huge problem for all people: how to keep work-life balance? Many people try to be perfect in both areas, but it likely leads to burnout and other consequences for mental health. In order to avoid these consequences every person should prioritise their aims.
A closer look at the first script (choice/path/option?) (having more money and less free time) reveals that a person concentrates on career promotion and spend less time on hobbies, their family and so on. On the one hand, it is great if their occupation brings satisfaction to the person and they do not feel guilty for spending less time with friends and family. On the other hand, if their efforts really bring a lot of money and, meantime, a person destroys their relationships with close people, it is hard to call this person happy.
By contrast, in the second script there is a person, who cares about their private life and who is less engaged in the working process. On the one hand, they devote free time to their hobbies and have fun if they do not feel a huge lack of money. On the other hand, it can be tough to live on the same life level, that is, if life quality is the same for many years and a person does not have an opportunity for development, some displeasure could be felt (it could be dissatisfying?).
To conclude, people choose their main life aims and follow their decisions, but it is vital to find a balance between both sides of life. Certainly, it is not possible to be an overachiever and keep both sides of life ideal during one's/your lifetime, sometimes it is just fine to choose the main priority or switch between priorities in the different life periods (at different periods in one's/your life?).