Paraphrase of It Is Well with My Soul

 When peace like a river attendeth my way

 when Sorrows like sea Billows roll 

whatever my lot thou Hast taught me to say 

it is well it Is Well with My Soul

 though Satan should buffet

though trials should come

let this Blessed Assurance control 

That Christ has regarded my helpless estate

and has shed his own blood for my soul

When peace flows around me like a river

Or when I am overwhelmed with sorrow as if I have been thrown overboard into the sea

Whatever is happening in my physical life 

I am content in my spirit because the Lord has shown me that the physical is temporary 

Satan will attack and batter me

I will focus on the amazing fact that Jesus has already seen me, lowly human that I am,

And died to ransom me

So nothing else that comes my way can ever compare to that ie take it away 

And since He can do that

There is nothing else He cannot or will not do for me