These day, I am studying set theory (with Jech's book) and I can find many notations of formula (or statement) such as $\phi(x,y,p)$ or $\psi(x,y,z,w_1,w_2,\cdots , w_n)$. In Jech's book, there is an explanation: Concerning formulas with free variables, we adopt the notational convention that all free variables of a formula $\phi(u_1,u_2,\cdots ,u_n)$ are among $u_1,u_2,\cdots, u_n$.
And in wikipedia context about ZFC, it introduce the detail of Axiom schema of specification as: Let $\phi$ be any formula in the language of ZFC with all free variables among $x,z,w_1,w_2,\cdots ,w_n$. Then, $\forall z \forall w_1 \forall w_2 \cdots \forall w_n \exists y \forall x [x\in y \iff (x\in z \land \phi)]$.
My question is why we need to care about free variables when we compute any formula (or statement). What important roles free variables do? According to Pinter's set theory, the definition of free variable is written: $x$ is free in $\phi(x)$ if $x$ is not governed by a quantifier $\exists$ or $\forall$; thus, in $\exists y (x<y)$, $x$ is free whereas $y$ is not.
Yet, I cannot relate the definition and its importance. Can anyone elaborate??