Now I say that the heir, as long as he is a child, does not differ at all from a slave, though he is master of all,

We do not enter God's family by adoption. We enter by being born again. Adoption has to do with our standing as an adult son.

2 but is under guardians and stewards until the time appointed by the father.

As children we are under servants. As "sons" we stand in the position of an adult.

3 Even so we, when we were children, were in bondage under the elements of the world.

The Judiazers tried infancy and immaturity.

Elements = basic principles

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Old Testament