All Scripture is God-breathed and is useful for teaching, rebuking, correcting and training in righteousness. (2 Timothy 3:16)
The purpose of Bible study is to be challenged and encouraged by studying and applying God's Word to our everyday lives. Here's a practical approach to apply Scripture to life:
Verse: Write out the verse or passage
Truth: Use your own words to state the truth of the verse
Need: Honestly assess your own life in relation to the truth of Scripture. What area of need does God's Word expose in your life?
Intent: State a specific change you want to implement in your area of need. Keep the action simple.
Checkup: State how you will accomplish the goal you have set. You may want to put a reminder on your calendar or share your application with a trusted friend who will hold you accountable.
Let God use this tool in your life; this is not a self effort project. Have confidence that God is conforming you to Christ's image and He will complete what He has started.
(Taken from Navigators Facebook article on Bible Study)
Grace and peace from Marcus