These precious truths will
(1) keep you from many sins which others fall into,
(2) give you wisdom which others do not have,
(3) help you in all human relationships,
(4) give you a growing appreciation for all those before you down through the ages who were true followers of the LORD,
(5) give you inner peace and joy, because you have no fear of the future,
(6) give you confidence for every challenge which you face, because you know that God's hand in upon your life for good,
(7) help you to understand the heart of God and to view him as your heavenly Father who is always wanting to guide your life, to cleanse your way from all sin, and to keep you from falling, and (8) give you a living and real hope of life beyond the grave, knowing that your eternal life already began when you first trusted your life into His hands through faith in Jesus Christ.
(Courtesy: KJV Bible Glossary & Dictionary)