Other forms: real lives
Real life is reality — it's the actual life we live everyday, rather than one that we dream or fantasize about living.
A well-made documentary film explores some real life situation in an interesting way, and the best classes in school use real life examples or even allow students to experience real life situations that illustrate what they're learning. If you spend all your days dreaming about what you'd spend your money on if you won a million dollars, you may need to be reminded that you need to come back to real life.