Whats the meaning to this / and the author is unknown

Question

Life is like a coin in your pocket - You can spend it anyway that you'd like - But you can only spend it once.

Answer 1

It means you have one life to live and you can do whatever you want with it but you only have one try so spend your life wisely.  

Answer 2

It means you have one life to live, and when its over ..its gone and done with.

Lillian Dickson

Answer 3

I would think it means you only have one life to live any way you want, but be cautious as you can only live once.