Charles Spurgeon Commentary 1 Peter 1:18-25

"knowing that ye were redeemed, not with corruptible things, with silver or gold, from your vain manner of life handed down from your fathers; but with precious blood, as of a lamb without spot, [even the blood] of Christ: who was foreknown indeed before the foundation of the world, but was manifested at the end of times for your sake, who through him are believers in God, that raised him from the dead, and gave him glory; so that your faith and hope might be in God. Seeing ye have purified your souls in your obedience to the truth unto unfeigned love of the brethren, love one another from the heart fervently: having been begotten again, not of corruptible seed, but of incorruptible, through the word of God, which liveth and abideth. For, All flesh is as grass, And all the glory thereof as the flower of grass. The grass withereth, and the flower falleth: But the word of the Lord abideth for ever. And this is the word of good tidings which was preached unto you." — 1 Peter 1:18-25 (ASV)

Forasmuch as you know that you were not redeemed with corruptible things, like silver or gold, from your futile way of life received by tradition from your fathers, but with the precious blood of Christ, as of a lamb without blemish and without spot. He was indeed foreordained before the foundation of the world, but was manifested in these last times for your sake—you who through Him believe in God, who raised Him from the dead and gave Him glory, so that your faith and hope are in God.

Since you have purified your souls in obeying the truth through the Spirit for sincere love of the brethren, love one another fervently with a pure heart, having been born again, not of corruptible seed but incorruptible, through the word of God which lives and abides forever. For, All flesh is like grass, and all the glory of man like the flower of grass. The grass withers, and its flower falls away, but the word of the Lord endures forever.

And this is the word which by the gospel was preached to you.