Background: Medical students face significant challenges in balancing academic obligations with maintaining a social life, which is crucial for their well-being and interpersonal skills. This study aims to explore the difficulties medical students encounter in this balance, the effects of social activities on their health and academic performance, and to propose actionable solutions. Methods and Materials: Employing a mixed-methods research design, this study integrates quantitative data from survey questionnaires with qualitative insights from semi-structured interviews. Purposive sampling was used to select participants from various medical schools, ensuring a diverse representation of experiences. Data analysis combined statistical tools for quantitative data and thematic analysis for qualitative interviews, highlighting the intricate dynamics between social engagement, academic responsibilities, and well-being. Results: The findings reveal that many medical students struggle with balancing their social and academic lives, citing heavy workloads and limited free time as substantial barriers. However, a robust social support network was correlated with reduced stress and better overall mental health. Time management skills emerged as crucial for achieving a satisfactory work-life balance. Qualitative data underscored the value of emotional support from peers, family, and mentors and effective time management strategies. Conclusion: This study underscores the importance of social support and time management in navigating the demands of medical education. It suggests that educational institutions should foster supportive environments and offer programs that enhance students' social well-being and time management capabilities. Addressing these issues can lead to improved mental health, academic performance, and a more balanced life for medical students.