Psalm 119:113-120 imparts lessons about rejecting false ways and embracing wholehearted devotion to God's Word, finding refuge and hope in His promises, distancing oneself from evil influences, seeking divine understanding, unwavering trust in God's Word amidst adversity, avoiding the company of the wicked, seeking God's salvation through obedience, and revering God's righteous judgments. These lessons inspire believers to remain steadfast in their commitment to God's Word and to live in accordance with His righteous principles.