This is speaking of the NewBirth in which we become NewSpirit beings InChrist. To read this verse and think about our soul or body leads to confusion and doubt.

When we receive Christ Jesus our souls may feel a little different but our bodies feel absolutely no different.

What should happen in the NewBirth is that our NewSpirit begins to dominate our soul and body. This means that the HolySpirit and the WordOfTheLord begin to transform our natural mind to conform to the MindOfChrist which is in our NewSpirit.

Our NewSpirit, which is one with the HolySpirit, should take dominion over our soul and body. In this new orientation, the EternalLife that is in our spirit will begin to manifest AbundantLife in our soul and body.

In our soul we experience and manifest the love, joy, peace, faith, meekness, goodness, self control, gentleness and longsuffering of the HolySpirit fruit.

In our body we experience health and vitality as the HolySpirit quickens it.

The total effect is that we become witnesses to and ministers of the Grace of the LordJesusChrist wherever we go and to whomever we meet. This is the KingdomLife.