What does Ephesians 1:7 mean?
This verse transitions to payment Jesus made for us "through his blood." Paul is referring to Christ's death on the cross as the sufficient payment for the sins of all who believe. What did this redemption cover? It paid to release us from the eternal penalty and the earthly power of our own sins. This freedom was not "free," since it is paid for by Christ's death; it cost Him everything. As a result, for the believer, the ultimate price has already been paid. This is grace: the ability to become a child of God, because God provided a free way to know Him by faith.God's grace is mentioned in reference to money with the idea being that grace is of tremendous value. Grace is what is required to make people sons and daughters of God. All have sinned and fall short of His glory (Romans 3:23). It is only through Jesus that we have a way (John 14:6) to have salvation (Acts 4:12). Paul will explain this truth in greater detail in Ephesians 2:8–9, adding that the same grace of God, which gives salvation, is designed to also lead believers to works God has designed for us (Ephesians 2:10).