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Faith Ledger

In today’s Bible reading, Paul directly addresses the claims of the Jewish legalists. They claim that they are the heirs of the covenant promise God made with Abraham. But Paul rightly points out that the covenant that God made with Abraham was based on faith rather than obedience to the Law. In fact, Paul reminds the legalists that the covenant predated the law by over four hundred years.

Paul refers to Genesis 15:6, “And he believed the Lord, and he counted it to him as righteousness.” (ESV) He also refers to Genesis 12:3, “I will bless those who bless you, and him who dishonors you I will curse, and in you all the families of the earth shall be blessed.” (ESV)

The covenant extends to Abraham’s sons through Jesus Christ. All who are “in Christ” are heirs of the promise. Paul writes extensively about the blessings to those “in Christ” in his letter to the Ephesians.

Application

Abraham believed God and that belief was credited to him as righteousness. Looking at the diagram above, we can see that on God’s Faith Ledger, God kept a record of Abraham’s — and our — sin in the Liabilities column. Then He added faith to the Asset column on His Faith Ledger.

Given Jesus’ infinite righteousness, the balance at the bottom of the Ledger shows that Abraham — and we — are fully justified, due to the infinite righteousness that was added to the account. God justified Abraham on the basis of his faith, his belief. And like their spiritual father, those who put their faith in Jesus Christ are the heirs of the covenant promise. We receive the covenant blessing in order to share the covenant blessing with others, bringing them into the Household of Faith.

Have you put your faith in Jesus Christ? If you’re interested in learning more, please reach out to me.

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