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10 Mistakes Young People Make And Regret Later In Life. Being young is great, the greatest moments in life are when you young, there’s nothing greater than being 21, all those late-night parties in college, drinking all night, and the feeling of being young. It’s a great time but, unfortunately, you can only live it once, no matter how nice it is to be young, you will eventually grow old, and the best time to plan for the future is now when you still young. A quote in one great movie once said, yesterday is history, tomorrow is a mystery, but today is a gift. That is why it is called the present. “Nothing stays the same it all gets crushed. It all gets broken. It all passes with time. Only the moment you’re in has any meaning.”