i am curious about this word usage.İn direct translation it means - "sweety", "honey".but my turkish family is saying that it means more "my life" or "my soul".So which one is more correct?

Literally it means ´my life´ ´can´ is life and ´ım´ is the possessive ending for ´my´.
It is used all the time as an endearment between friend as darling. dear,my love etc.

Literally it means ´my life´ ´can´ is life and ´ım´ is the possessive ending for ´my´.
It is used all the time as an endearment between friend as darling. dear,my love etc.

It completely depends on these:
Who tells it?
Who is it told?
When is it told?
Why is it told?