The first part of the psalm reminds us to take time to remember all of God's blessings and lists just a few of His benefits:
"Praise the Lord, O my soul,
and forget not all his benefits —
who forgives all your sins
and heals all your diseases,
who redeems your life from the pit
and crowns you with love and compassion,
who satisfies your desires with good things
so that your youth is renewed like the eagle’s".
Those are awesome benefits! You can't get that kind of benefits in any retirement plan or your 401(k). Only God provides these great blessings! God's benefits plan is all-inclusive. It says He forgives ALL your sins and heals ALL your diseases. He doesn't hold anything back. God will supply ALL your needs (Phil. 4:19).
Another part of Psalm 103 tells about God's endless love and compassion for all who will come to Him and surrender their lives:
"But from everlasting to everlasting
the Lord’s love is with those who fear him,
and his righteousness with their children’s children—
with those who keep his covenant
and remember to obey his precepts."
God's love for us never ends. It can't run out or go broke like many companies' 401(k) plans. God's love for His children is constant through all generations. He will never leave us nor forsake us (Hebrews 13:5).
The last part of the psalm reminds us again to praise the Lord for His benefits and says:
"The Lord has established his throne in heaven,
and his kingdom rules over all."
In this time of violence and confusion around the world today, we are assured that God rules over all the earth. Right now, we see nations fighting other nations and governments on the verge of collapse. But God's kingdom will never fail!
This psalm gives me great assurance and hope for the future. No matter what happens in the world, I know God's benefits are more than enough to see me through. So I say, like the psalmist, "Praise the Lord, O my soul; and all that's within me, praise His holy name."
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