1 Peter 1:18-19 Forasmuch as ye know that ye were not redeemed with corruptible things, as silver and gold, from your vain conversation received from your fathers; But with the precious blood of Christ, as of a lamb without blemish and without spot.
The promise for us is that God redeems us with the blood of Christ, the sinless Lamb of God. ”Blood” = Life. Shed blood = Death. Jesus died for us, died in our place, as the punishment for our sin. ”Redeem” = buy back. One pays a redemption price to buy back a person (a soul) from either kidnapping or slavery. We were kidnapped by Satan and enslaved to Sin and Death. Jesus paid the price to set us free.
How much is my soul worth? My soul is worth more than all the silver, gold, and money in the world. My soul can only be bought with the blood, the life, the soul of the Son of God. God became a human so that He could die for us. That is what I am worth to God. How much does He want me? ”God gave His only Son….” That is how He loves me. The blood (the life) of Christ is ”precious,” that is, beyond countable price. He makes me precious, valuable beyond price. Take that promise personally, and don’t let anyone, especially yourself, tell you otherwise.
We have been ransomed from the ”vain conversation,” or futile ways, inherited from our fathers. Whatever we have learned from this world, or made up in our own minds, is vanity and emptiness. Man’s ideas, his own philosophy and religion, is useless. It cannot save, but it is what we need to be saved from.