'Way of Life' in the Bible

For the commandment is a lamp, and the teaching [of the law] is light,And reproofs (rebukes) for discipline are the way of life,

He who learns from instruction and correction is on the [right] path of life [and for others his example is a path toward wisdom and blessing],But he who ignores and refuses correction goes off course [and for others his example is a path toward sin and ruin].

Do they not go astray who devise evil and wander from the way of righteousness?But kindness and truth will be to those who devise good.