This commandment has not only been manipulated by parents but also by the pharisees in misleading young people.
According to this world, victory and prosperity are dovetailed notions. Whereas, for the followers of Christ, victory and prosperity do not conform to each other. Not being able to discern the difference between victory and prosperity, leads many believers to become prey to the concept of suffering and end up losing their victorious life.
The present freedom is a provision of grace that has to be received by faith. This freedom is available exclusively when people realise the gravity of their situation when they were slaves to sin, and allow the Holy Spirit to lead them in penitence and self examination. Self righteousness does not allow people to cherish this freedom in fullness.