"Here Today" is told from the perspective of an ex-boyfriend narrator who warns the listener of the inevitable heartbreak that will result from a newfound love. The track was an experiment in basslines, as Brian recalled, "I wanted to conceive the idea of a bass guitar playing an octave higher than regular, and showcase it as the principal instrument on the track." Asher said, "'Here Today' contains a little more of me both lyrically and melodically than Brian." Perone noted that the high-pitched electric bass guitar bring to mind similar parts in "God Only Knows", culminating in what sounds like the vocal protagonist of "Here Today" warning the protagonist of "God Only Knows" that what he sings stands no chance at longevity.