Here is another Rhyming Distich, and here are some more posts with Rhyming Distichs. I found this poem in the collection Philosophia Patrum edited by Julius Wegeler.
Fallitur insipiens vitae praesentis amore,
Sed sapiens noscit, quantum sit plena dolore.
The vocabulary is keyed to the DCC Latin Vocabulary list. There is only one word in this poem that is not on the DCC list:
insipiens, insipientis - foolish, without intelligence, unwise
amor -ōris m.: love
dolor -ōris m.: pain, grief
fallo fallere fefellī falsum: deceive
nōsco nōscere nōvī nōtum: learn, know
plēnus -a -um: full
praesēns -ntis: present, in person, ready
quantus -a -um: how great? as great
sapiens -ntis: wise, sensible
sum, esse, fuī: be, exist
vīta -ae f.: life