Colossians 4:5 “Walk in wisdom toward those whose are outside, redeeming the time.”
I think of redeem as meaning to set someone (or something) free by paying a price. Examples are buying a slave in order to free him or paying ransom to free a captive. Following that definition, I suggest that we are to set our time free from waste and frivolity by paying a price. The price we pay is avoiding the cheap amusements so readily at hand. We buy up moments well spent by trading away over-priced pleasures. (Keeping in mind the true value of periodic rest.)
The scarcity of time that makes it so precious is especially relevant to wise interaction with those outside the body of Christ.
Scripture taken from the New King James Version. Copyright 1979,1980,1982 by Thomas Nelson, Inc., Nashville, Tennessee. Used by permission. All rights reserved.