I believe that The Bible is the perfect Word of God. It is as applicable today as it was when God first spoke through its writers.

But as for you, continue in what you have learned and have become convinced of, because you know those from whom you learned it, and how from infancy you have known the holy Scriptures, which are able to make you wise for salvation through faith in Christ Jesus. All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness, so that the man of God may be thoroughly equipped for every good work.
2 Timothy 3:14-17  (NIV, 1984)

The Bible is Perfect.

This doesn’t mean that translations and paraphrased versions are works of perfection because different people might interpret certain things in different ways. I believe that The Bible is God breathed and is perfect for that reason. To say that God’s Word is imperfect would lead one to believe that God is imperfect. If God were imperfect, believing in Him as Omnipotent Father, or in the atoning sacrifice of Christ Jesus, or in the guidance of The Holy Spirit would be utterly pointless. If even part of God’s Word was untrue, the rest of it would be discredited

The Word of God is Infallible.

I might seem to be a little repetitive, but there are people that believe that parts of The Bible as we know it today should not be included in it and so they say The Bible has faults. Not only do I trust the early church fathers’ wisdom and believe that God’s hand was in the process of canonization, I don’t think God would have allowed The Bible to carry on throughout the generations if it included something that doesn’t belong. Others look for contradictions and inconsistencies in The Bible. It’s an easy task when you take things out of context.

Scripture is Living and Applicable Today.

God has not and will not stop speaking to us through Scripture. His Word is living in that sense and no matter how many times you read any particular passage of scripture, there’s always a chance that God will say something new to you. One thing to keep in mind though is that Scripture cannot mean something today that it could have never meant when it was written. For example, you can’t say that God is telling you to trade in your old computer for a new one because of something you read in The Bible. He might be telling y0u to steward your resources well though, and you can apply that to your life today.

Sometimes We Need Some Help.

While studying Scripture, you are bound to get stuck in a few places. It is important not to throw those parts of The Bible out just because you don’t understand or don’t like it. Hopefully you have someone in your life who’s had a longer walk with Christ than you. Those people are amazing resources to help you through those difficult passages. I think that it’s important not to lean fully on your own understanding of Scripture for your spiritual growth. Everyone needs a spiritual mentor of sorts, even if only for a season.