GRACE IS UNMERITED FAVOR; YOU CANNOT WORK FOR IT, EARN IT, MERIT IT, PAY FOR IT OR DESERVE IT.
IN CHRIST, WE ARE UNDER THE “NEW COVENANT”, A COVENANT OF GRACE THAT CHRIST MEDIATED WITH THE FATHER. UNDER THIS COVENANT, WE RECEIVE THE ETERNAL INHERITANCE PROMISED BY GOD. YOU SEE, CHRIST DIED AS A RANSOM TO SET US FREE FROM THE SINS COMMITTED UNDER THE OLD COVENANT OF “THE LAW” OR THE “TEN COMMANDMENTS”.
(Heb 9:15) “For this reason Christ is the mediator of a New Covenant, that those who are called may receive the promised eternal inheritance—now that he has died as a ransom to set them free from the sins committed under the first covenant.”
THE NEW COVENANT OF GRACE IS A BETTER COVENANT AND ESTABLISHED ON BETTER PROMISES.
(Heb 8:6) But now He has obtained a more excellent ministry, inasmuch as He is also Mediator of a better covenant, which was established on better promises.
UNDER THE NEW COVENANT, FORGIVENESS OF SINS IS ACCORDANCE WITH THE RICHES OF GOD’S GRACE THAT HE LAVISHED ON US IN CHRIST.
(Eph 1:7-8) “In him we have redemption through his blood, the forgiveness of sins, in accordance with the riches of God’s grace that he lavished on us with all wisdom and understanding.”
UNDER THE NEW COVENANT, RIGHTEOUSNESS IS A GIFT OF GOD, RECEIVED BY FAITH IN CHRIST JESUS.
(Rom 5:17b) “Those who receive God’s abundant provision of grace and of the gift of righteousness reign in life through the one man, Jesus Christ.”
UNDER THE NEW COVENANT, BELIEVING THE DOCTRINE OF GRACE (GOSPEL OF GOD’S GRACE) SETS YOU FREE FROM SIN AND MAKES YOU SLAVES OF RIGHTEOUSNESS.
(Rom 6:17-18) “But God be thanked that though you were slaves of sin, yet you obeyed from the heart that form of doctrine to which you were delivered. And having been set free from sin, you became slaves of righteousness.”
THE NEW COVENANT IS CONTINGENT ON YOUR “FAITH” IN CHRIST JESUS.
(Eph 2:8-9) “For it is by grace you have been saved, through faith—and this not from yourselves, it is the gift of God—not by works, so that no one can boast.”
THE MAJOR ADMONITION UNDER GRACE IS TO FIX YOUR EYES ON JESUS, THE AUTHOR AND THE FINISHER OF OUR FAITH.
(Heb 12:2a) “Let us fix our eyes on Jesus, the author and perfecter of our faith.”
HERE ARE SOME NEW COVENANT ADMONITIONS
(Rom. 1:17) “The righteous shall live by faith”
(2Cor 5:7) “We live by faith, not by sight.”
(Heb 11:6) “Without faith it is impossible to please God”
(Matt 9:29) “According to your faith it shall be done to you.
(1Tim 6:12) “Fight a good fight of faith.”
UNDER THE NEW COVENANT THAT CHRIST MEDIATED, THE ONLY THING THAT COUNTS IS FAITH EXPRESSING ITSELF IN LOVE.
(Gal 5:6) “For in Christ Jesus neither circumcision nor uncircumcision has any value. The only thing that counts is FAITH expressing itself through LOVE.”
BEAR IN MIND THAT “LOVE” IS THE FULFILLMENT OF THE “LAW”.
(Rom 13:10) “Love does no harm to its neighbor. Therefore love is the fulfillment of the law.”