This verse also says we are 'called' and there are quite a few thing we are called to:
We are called according to His purpose - Rom 8:28 Do you know His purpose for your life?
He made us holy. - 1 Cor. 1:2
He has called us to peace. - 1 Cor. 7:15
Let each one live the life which the Lord has assigned him, and to which God has called him [for each person is unique and is accountable for his choices and conduct, let him walk in this way]. - 1 Cor. 7:17
He called us out of darkness into His marvelous light. - 1 Pet 2:9
The way I interpret the last two verses is we are called to live the life the Lord has called us to, or gifted us with (make the good choices He has led us to) so that we can walk in His light and receive His blessings. I hope you got as much out of this first verse as I did. If you have questions or comments leave them below or email me at firstname.lastname@example.org. love and blessings, Steph