In their desire to live holy lives in response to God’s grace toward them, in 1 Peter 1:17-19, Peter tells his readers that they are to live in fear of the Lord, knowing well his impartial judgement that will come to all men. But to balance this, believers should also live knowing the redeeming love of God their Father who purchased them to be His own, not with money, but with the precious blood of His Son, Jesus.