I am currently reading Learn to Study the Bible (Andy Deane) and he lists 8 benefits of reading the Bible:
(1) It assures of salvation
I John 5:3
(2) It cleanses us from sin
John 15:3, 17:17
(3) It gives peace
John 16:33
(4) It brings joy
John 15:11
(5) It guides our decisions
Psalm 119:105
(6) It helps us in prayer
John 15:7
(7) It strengthens
I John 2:14
(8) It leads to success
Joshua 1:8
-excerpted from p. 12
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