Knowledge of the past, far a way in time, being here at the present, future is ours to shape and determine.
Past is, our knowledge and experience about ourselves and life that become our history.
We have to remember our history and experiences in order to understand the differences between mistake and experience? If we didn't repeat the mistake we made in the past, then it would be experience. 
Past is gone and Future is coming in every moment of Time. All our past experience should be used in every moments that we make decision, to better our lives and for better future. If we don't use our experience, then we have, experience back in the storage.
Some people are living in the Past and afraid of going forward. Others, think they are living in the future and forget the past. None of those group know anything about time, because they don't live in the present time that connect the past and Future together. "Now" is the time that you are riding the time. What that means? When you live with each moment of time. you will find the power and force of time, specially when you know what are you doing and how to use those forces.
What do we do with our past experiences and Knowledge is "The art of living"

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