The document provides a 3-step method for understanding and applying the Bible: 1) Read it, because Scripture is useful for teaching, rebuking, correcting, training, testing, defending, keeping God's commandments, and growing spiritually. 2) Understand it by reading, studying, and examining Scripture. 3) Live it by applying what is read and understood. The Bible contains God's truth and is the most important thing, though reading it regularly requires developing good habits.