Why is it important that we are bought with a price?

The concept of being bought with a price emphasizes the great cost of our salvation, which was secured by the precious blood of Jesus Christ (1 Peter 1:18-19). This truth serves not only to remind us of our redemption but also to establish our identity as God's own possession. Since we are purchased, our lives are to be lived in service and worship to God, as stated in 1 Corinthians 6:20. This understanding transforms our view of self-ownership; rather than living for ourselves, we are called to reflect God's glory in every aspect of our lives—body and spirit alike. It propels us into a lifestyle of obedience, gratitude, and witness because our lives belong to the one who bought us.