My first foundation is that the Bible is true, this forms the basis of everything else. I believe that the Scriptures, contained in the Old and New Testaments, are true; they are the inspired word of God (Rom. 4:23-24; 15:4; 2 Tim. 3:16; 2 Pet. 1:20-21). This can be surmised from “the efficacy of the doctrine, the majesty of the style, the consent of all the parts, the scope of the whole (which is to give all glory to God)” (Westminster Confession: 1. V.), giving a self evidence enabling one to believe that the scriptures are sourced from God himself and are perfect.
There are three terms which help to understand a clear doctrine of the scriptures: The Bible is inspired, infallible, and inerrant. “God, who is Himself Truth and speaks truth only, has inspired Holy Scripture in order thereby to reveal Himself to lost mankind through Jesus Christ as Creator and Lord, Redeemer and Judge. Holy Scripture is God’s witness to Himself” (Chicago Statement on Inerrancy: Summary Statement 1).
To be infallible means that Scripture, in its purity, cannot lead one astray, therefore it is to be completely trusted and studied as God’s own revelation of Himself and God’s rule and guide in all matters. By inerrant it is meant that the Scriptures are faultless, without error, therefore it is true and trustworthy (See the Chicago Statement on Inerrancy: Section C).
It is incumbent upon us as God’s people to hold the Scriptures in high esteem, the Scriptures are God’s rule for life, they are also the means by which we relate the gospel to others who do not know Christ as savior. To believe that the Scriptures are true is to have a sure foundation.
Go to Foundation 2 to read more.