Please read the Scriptures then reply:
A. What did you understood?
B. How can you practice it constantly?
C. With whom can you share about it?
What is the Scripture?
All Scripture is by inspiration of God, profitable for doctrine, reproof, correction, instruction in righteousness; that the man of God may be perfect, completely prepared into all good works. (2 Timothy 3:16-17)
How is the word of God working?
The word of God, quick and powerful, sharper than any two edged sword, piercing even to the dividing of soul and spirit, discerning the thoughts and intents of the heart. Every creatures is manifested in His sight, all things are naked and opened to the eyes of Him with whom we have to do. (Hebrews 4:12-13)
What we have because of it?
Jesus said to those who believed in Him, if you continue in My word, you are My disciples indeed; you shall know the truth, and the truth shall make you free. (John 8:31-32)
What is the Old Testament about?
All which were written about Me in Law, Prophets and Psalms must be fulfilled. Then He opened their understanding, that they might understand the Scriptures. (Luke 24:32,44-45)
Why to study the Bible?
Take heed to yourself, and to the doctrine; continue in them: for in doing this you shall both save yourself, and them that hear you. (1 Timothy 4:16)
Do you know what is the biggest chapter from the Bible about?
Blessed are they that keep His testimonies, and seek Him with the whole heart. How shall a young man cleanse his way? By taking heed according to Your word. I meditate in Your precepts, have respect unto Your ways; delight in Your statutes. Your word is a lamp unto my feet, and a light unto my path. (Psa 119:2, 9, 15-16, 105)
Example of a practical decision or good application:
I will study and use the word daily no matter what happens!