PRECIOUS GRACE!

How precious is that grace,
That establishes every heart,
That humbly receives the Savour!
Not to be frustrated,
But too abound more and more,
Until the humble heart cries,
Saved by grace through faith.

Ephesians 2 v 4 But God, who is rich in mercy, for his great love wherewith he loved us,
5 Even when we were dead in sins, hath quickened us together with Christ, (by grace ye are saved;)
6 And hath raised us up together, and made us sit together in heavenly places in Christ Jesus:
7 That in the ages to come he might shew the exceeding riches of his grace in his kindness toward us through Christ Jesus.
8 For by grace are ye saved through faith; and that not of yourselves: it is the gift of God:
9 Not of works, lest any man should boast.
10 For we are his workmanship, created in Christ Jesus unto good works, which God hath before ordained that we should walk in them.

Hebrews 13 v 9 Be not carried about with divers and strange doctrines. For it is a good thing that the heart be established with grace; not with meats, which have not profited them that have been occupied therein.

Biblically, grace is unmerited favor. It is God's free action for the benefit of His people. It is different from justice and mercy. Justice is getting what we deserve. Mercy is not getting what we deserve. Grace is getting what we do not deserve. In grace we get eternal life, something that, quite obviously, we do not deserve. But because of God's love and kindness manifested in Jesus on the Cross, we receive the great blessing of redemption.
Grace is God's Riches At Christ's Expense. Grace rules out all human merit (Rom. 11:6). It is the product of God that is given by God because of who He is and not because of who we are. It is the means of our salvation (Eph. 2:8-9). We are no longer under the Law but under grace (Rom. 6:14). (See 1 Cor. 15:11, Rom. 5:2, 15-20, 2 Cor. 12:9, and 2 Cor. 9:8).

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