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"You only live once, Fuck it." Used for when you should just jump off a bridge, and make rash decisions because life is too short.
I have a final exam tomorrow worth 60% off my mark, but all my friends are going out tonight, YOLOFI.
YOLOFI by 123456_abcdef April 12, 2016
Related Words
Putting all your earnings in an extremely high-risk stock, so that you can either make a huge profit or lose it all.
Jimmy: Yo Chad, I'm YOLOing my entire earnings from McDonald's on TSLA stocks.

Chad: ahahah, you're such a degenerate
YOLOing by u/daddyelon September 9, 2020
A person (or most likely a whore) who says YOLO after every sentence.
Person 1: I just took a shit, YOLO.
Person 2: You sound like a yolofag.
yolofag by DerpMcDerperson August 25, 2012
The philosophy behind much of the decision making in certain sections of the population (primarily teens and young adults) based off of the idea of YOLO (you only live once). This can inspire individuals to aspire to greatness and bring about substantial change, for the better, but often results in teen drinking, recreational drug use, and other unwise behavior. Unlike logic, there is no consideration of valid reasoning, since YOLOgic is based on one fundamental principle.
A: "I decided to steal a car and rob a liquor store!"
B: "Why on earth would you do that?"
A: "YOLOgic!"
B: "What?"
A: "You know - YOLO!"
YOLOgic by ludakrysta September 30, 2012

Yolorific 

When something that you want to do has the yolo factor involved. A daredevil thing to do.
Person 1:"Yo, you wanna go bung some weed with me this weekend?"

Person 2:"Sure, that sounds yolorific."
Yolorific by Xx__PU551_SL4YER__xX December 16, 2013

YOLOBILT 

Stands for "You Only Live Once, But I Lived Twice!" and is most commonly spoken by Jesus.
Drake: "You Only Live Once that's the motto n**** YOLO.
Jesus: "YOLOBILT sucker"
YOLOBILT by taco-taco August 7, 2012