The basics come into use quite often, though you might not even realise you are using algebra.
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In life
You could use algebra in real life in nearly anything that you do. You could use algebra to calculate how much gas you will put in your car and how much it will cost you.
U use algebra in your daily life because you could need it in jobs or careers when you get old enough to have them. Also people like algebra and have jobs like accounting so you have to learn it... ! ...
Most people don't use algebra in their daily lives, mainly because they forget how to use it - except those that work in engineering or science. If you are comfortable with algebra, you COULD use it to solve problems in a variety of real-life situations.
Algebra can be used in decision making, data entry, calculating distance, and many other areas.