The point is growth, development and subjective evolution of the soul.
We, the jiva souls are by-products of the pleasure pastimes of the Supreme Absolute entity,
We are by-products of something much greater and more significant than us.

God is the Supreme and Original recycler.
He doesn't let any of his energy go to waste.
There is absolute preservation of energy within the Supreme Being.

So, we are by-product energy, very, very minute sparks of an unlimited dynamo that is the supreme being Sri Krsna.

So, having become disintegrated entities attaining individual existence while being inconceivably, simultaneously one yet different from that supreme being Sri Krsna, we have started the path of individual existence as personal living entities.

As such, we start from the lowest point of individual existence as a spiritual spark and evolve through millions of life forms and millions of years until the subjective evolution of consciousness brings us to the point of spiritual perfection, eternal life and eternal spiritual forms in relationship with the Supreme Being Sri Krsna.

So, it is a long and difficult path to becoming an immortal in the spiritual realm, but in the context of eternal time it is only a moment.

It is well worth the trouble and the reward is great.

So, life has a great purpose and meaning as the living entities evolve spiritually to the point of perfection in immortal life in absolute bliss and knowledge.

But, if we don't feel as if we are making any spiritual advancement in life, we can become quite depressed and disenchanted with the whole struggle for existence.

So, it is vital that we adopt a spiritual path in life and make incremental advancement in knowledge and spiritual happiness.

Otherwise, life is just a miserable, frustrating experience in mundane living that produces no tangible satisfaction from the hard struggle for existence.