Why is understanding the distinction between law and grace important for Christians?

Distinguishing between law and grace is crucial for Christians to fully grasp the essence of the Gospel. Misunderstandings can lead to legalistic practices that diminish the grace of God. The law serves to remind us of our inability to achieve righteousness on our own, highlighting the necessity of Christ's atoning work. In light of such grace, believers are called to live not under the bondage of the law, but in the freedom of love and obedience stemming from their relationship with Christ. Recognizing this distinction leads to a deeper appreciation for the love of Christ and His sacrifice, enabling believers to live in the newness of life empowered by grace rather than shackled by the old covenant.