1 Peter 1:17-19 KJV And if ye call on the Father, who without respect of persons judgeth according to every man’s work, pass the time of your sojourning here in fear: [18] Forasmuch as ye know that ye were not redeemed with corruptible things, as silver and gold, from your vain conversation received by tradition from your fathers; [19] But with the precious blood of Christ, as of a lamb without blemish and without spot:
When we trust Christ as our Savior, we are redeemed. Redeemed means that we have been purchased from the slave market of sin never to be exposed to sale again. We must understand that we are not redeemed by our good works. We are not redeemed by any religious rituals. Our redemption cannot be purchased with corruptible things. We can only be redeemed by the precious blood of Christ which was shed for us on the cross. If Christ is our Savior, we ought to then live like we are redeemed.