Type I error

When we are young, making mistakes is less expensive and so we should feel free to make errors of commission. i.e. dropping a good status quo situation in favor of a bad situation. This is a Type 1 error and a result of experimentation (adventure!). When we get older, errors of commission can get costly - maybe that is why we stick to the status quo. We become less adventurous.

Experience teaches better than instruction. So the best approach is to experiment when we are young in a controlled environment. e.g. instead of going hiking on your own, hike with a group. The more we experiment when we are young, the wiser we become when we are older.