Psalms 71:23

²¹ Thou shalt increase my greatness, and comfort me on every side.

²² I will also praise thee with the psaltery, even thy truth, O my God: unto thee will I sing with the harp, O thou Holy One of Israel.

My lips shall greatly rejoice when I sing unto thee; and my soul, which thou hast redeemed.

²⁴ My tongue also shall talk of thy righteousness all the day long: for they are confounded, for they are brought unto shame, that seek my hurt.

Do read the surrounding verses too, because the context often says more than a single verse.

Compare

BSB: When I sing praise to You my lips will shout for joy, along with my soul, which You have redeemed.
KJV: My lips shall greatly rejoice when I sing unto thee; and my soul, which thou hast redeemed.
WEB: My lips shall shout for joy! My soul, which you have redeemed, sings praises to you!
ASV: My lips shall shout for joy when I sing praises unto thee; And my soul, which thou hast redeemed.
DARBY: My lips shall exult when I sing psalms unto thee; and my soul, which thou hast redeemed.
BLB: My lips will shout for joy when when I sing praises to You, even my soul, which You have redeemed.

ÅB: Mine lepper skal juble, for jeg vil lovsynge deg, og min sjel, som du har forløst.
OTB: Mine lepper vil rope av glede når jeg synger lovsanger til deg;
Og min sjel, som du har frelst.
B1930: Mine leber skal juble, for jeg vil lovsynge dig, og min sjel, som du har forløst.

Psalms 103:4
Who redeemeth thy life from destruction; who crowneth thee with lovingkindness and tender mercies;
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Psalms 104:33
I will sing unto the LORD as long as I live: I will sing praise to my God while I have my being.
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Luke 1:46–47
And Mary said, My soul doth magnify the Lord,
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Revelation 5:9
And they sung a new song, saying, Thou art worthy to take the book, and to open the seals thereof: for thou wast slain, and hast redeemed us to God by thy blood out of every kindred, and tongue, and people, and nation;
Read in context
Psalms 34:22
The LORD redeemeth the soul of his servants: and none of them that trust in him shall be desolate.
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2 Samuel 4:9
And David answered Rechab and Baanah his brother, the sons of Rimmon the Beerothite, and said unto them, As the LORD liveth, who hath redeemed my soul out of all adversity,
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Genesis 48:16
The Angel which redeemed me from all evil, bless the lads; and let my name be named on them, and the name of my fathers Abraham and Isaac; and let them grow into a multitude in the midst of the earth.
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Psalms 63:5
My soul shall be satisfied as with marrow and fatness; and my mouth shall praise thee with joyful lips:
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