Myths function as metaphors for personal and social challenges by illustrating human experiences in exaggerated, symbolic forms. They can address complex issues like fear, ambition, love, and mortality through epic tales and archetypal characters. This allegorical nature provides insight and clarity, allowing individuals to reflect on their circumstances and societal issues indirectly. Myths become powerful tools for understanding personal struggles and communal challenges, offering guidance and encouraging resilience in the face of adversity.