Faith is the foundation, but add to your faith virtue (or goodness); and to goodness, knowledge, and to knowledge, self-control, etc.—It sounds like a progression, each building on the one before to continue growing, expanding, each one adding more depth and dimension to our faith.
About adding knowledge to goodness, it sounds like one must know right to be able to do right. In other words, adding knowledge helps me see how to apply my faith. Does that mean it’s not enough simply to believe? Though I do believe, I need to keep growing in knowledge and understanding, and thereby in relationship. Relationship with God is not static, I’m either learning and growing … or I’m not.
Regardless of how good the material may be, if the student doesn’t try or want to learn, it becomes an exercise in futility. What I learned years ago isn’t enough to sustain me today.
We must think seriously about this life, it’s our soul’s preparation for eternity.