7 In whom we have redemption through his blood, the forgiveness of sins, according to the riches of his grace;
Trusting in the power of the blood of Christ is very important.
Colossians 1:14 In whom we have redemption through his blood, even the forgiveness of sins:*
*The word, “even,” connects words and phrases that mean the same thing starting with, “I, even I,” in Genesis 6:17. So, Colossians 1:14 says that “redemption through his blood,” is, “the forgiveness of sins.”
Acts 20:28 Take heed therefore unto yourselves, and to all the flock, over the which the Holy Ghost hath made you overseers, to feed the church of God, which he hath purchased with his own blood.
Hebrews 9:12 Neither by the blood of goats and calves, but by his own blood he entered in once into the holy place, having obtained eternal redemption for us.
Hebrews 13:12 Wherefore Jesus also, that he might sanctify the people with his own blood, suffered without the gate.
Revelation 1:5 And from Jesus Christ, who is the faithful witness, and the first begotten of the dead, and the prince of the kings of the earth. Unto him that loved us, and washed us from our sins in his own blood,
Go back to Hebrews 9.
Hebrews 9:15 ¶ And for this cause he is the mediator of the new testament, that by means of death, for the redemption of the transgressions that were under the first testament, they which are called might receive the promise of eternal inheritance.
The Law was unable to remove sins.
Romans 3:24 Being justified freely by his grace through the redemption that is in Christ Jesus: 25 Whom God hath set forth to be a propitiation through faith in his blood, to declare his righteousness for the remission of sins that are past, through the forbearance of God; 26 To declare, I say, at this time his righteousness: that he might be just, and the justifier of him which believeth in Jesus.
(Remission of sins and forgiveness of sins are synonymous phrases. Both words mean a pardon for sins, as if they had never been committed in the first place.)
Jesus’ blood was the basis by which God could remove the sins of humankind. He forgave man’s sins on the Cross.
Matthew 26:28 For this is my blood of the new testament, which is shed for many for the remission of sins.
Luke 23:34 Then said Jesus, Father, forgive them; for they know not what they do. And they parted his raiment, and cast lots.
This amazing act of love was performed, “according to the riches of his grace.” This will be shown to us in eternity by, “the riches of his grace.”Ephesians 2:7 That in the ages to come he might shew the exceeding riches of his grace in his kindness toward us through Christ Jesus.