Colossians 4:5 Walk in wisdom toward them that are without, redeeming the time.
Walk...
Don't just stand there...get going!
In wisdom...when you are going, go with wisdom!
Toward them that are without...which direction should you be going? In the direction to help others.
Redeeming the time...use the time you have. If you have a great coupon in your pocket it is of no value until you redeem it. Use your time wisely!
Colossians 4:6 Let your speech be alway with grace, seasoned with salt, that ye may know how ye ought to answer every man.
Let your speech - something said (including the thought)
be alway - at all times, always, ever
with grace, - graciousness (as gratifying) of manner or act (abstract or concrete; literal figurative or spiritual; especially the divine influence upon the heart and its reflection in the life; including gratitude): - acceptable benefit favour gift grace
seasoned - accustomed to particular conditions; experienced.
with salt, - wisdom and grace exhibited in speech
that ye may know how ye ought to answer every man.- to begin to speak, but always where something has preceded (either said or done) to which the remarks refer