You know that is was not with perishable things such as silver or gold that you were redeemed from the empty way of life handed down to you from your forefathers, but with the precious blood of Christ, a lamb without blemish or defect.
Thoughts on today's verse
If value is determined by price, we are incredibly valuable. God took the most precious treasure of heaven to buy us out of sin and death and adopt us into his family. Silver and gold pale in comparison to that value.
Holy God, may I live today constantly aware of my inestimable value to you. May my words, thoughts and actions be permeated with a sense of worth. Not so that I may seem important but so that I may live in holiness and honor to your precious gift to me. Through him I pray. Amen.