This is the day.

Psalm 32:1 Blessed is he whose transgression is forgiven, whose sin is covered.

Amen! On May 31, 2001, God forgave my transgression, and covered my sin with the Blood of His Son, Jesus Christ. Oh, what a wonderful day that was in my life, the burden rolled away, my night was turned today, when Jesus came into my heart. Oh how blessed the saved person truly is! If the unsaved world only knew the joy, and the jubilation that is given to the child of God. Look at how the people of God were so greatly blessed throughout the Bible. Noah was saved from the Flood, Abraham was cared for by God and given a son in his old age, the children of Israel wandered in the wilderness for forty years and ate and drank every day with their clothes never wearing out, and on and on it goes. God always provides for His own. The Psalmist proclaimed that he had never seen the righteous forsaken nor his seed begging bread. What a wonderful position to be blessed of God, and have your transgression forgiven, and your sin covered.

Psalm 32:1 (Blessing in forgiveness)
I. God forgives all your sins when He saves you. (You don't have to keep up the payments, you are totally forgiven)
II. God forgets all of your sins when He saves you. Isaiah 43:24 Thou hast bought me no sweet cane with money, neither hast thou filled me with the fat of thy sacrifices: but thou hast made me to serve with thy sins, thou hast wearied me with thine iniquities.
25 I, even I, am he that blotteth out thy transgressions for mine own sake, and will not remember thy sins.
III. God covers your sin with Jesus' blood.

A great commentary passage on this verse is Romans 4.