Romans 3:23-24

Since all have sinned and continually fall short of the glory of God, and are being justified (declared free of the guilt of sin, and acceptable to God, and granted eternal life) as a gift by His (precious, underserved) grace, through the redemption (the payment for our sin) which is (provided) in Christ Jesus.  

We have all sinned and fallen short of God’s glory, but we are saved, redeemed, and washed clean of that sin by Jesus Christ. We don’t have to live our lives under condemnation, which, if allowed, would prevent us from developing our faith. We are to live our faith and pursue our right standing with God.