The writer of this psalm asks all people to listen to an important message. He calls the high, the low, the rich and the poor to hear what he has say. Certainly, there is a message for boys and girls of junior age in this chapter.
Jesus Christ is the redeemer of the world and he is the theme of this lesson. "For the redemption of their soul is precious." It cost something for the way to be made so that man can have his sins forgiven and be made clean and pure in heart so he can go to Heaven some day. "GOD so loved the world, that he gave his only begotten Son, that whosoever believe that in him should not perish, but have everlasting life" (John 3:16).
How did God give His son? Jesus came to this earth in the form of the babe of Bethlehem; he grew to manhood. He was shamefully treated and crucified upon the cross; His blood was shed; he was laid in the grave and the third day he across again. He did it all willingly for the salvation or redemption of mankind.
The meaning of the word "redeem" is to ransom or resuce from captivity or bandage by paying a price to recover or regain Jesus, the great redeemer was the one who came to rescue and deliver man from sin and eternal death.