The nearer man approaches perfection, the clearer are his views, and the greater his enjoyments, till he has overcome the evils of his life and lost every desire for sin; and like the ancients, arrives at that point of faith where he is wrapped in the power and glory of his Maker and is caught up to dwell with Him. But we consider that this is a station to which no man ever arrived in a moment. (Teachings of the Prophet Joseph Smith, 51)
Yea, come unto Christ, and be perfected in him, and deny yourselves of all ungodliness; and if ye shall deny yourselves of all ungodliness, and love God with all your might, mind and strength, then is his grace sufficient for you, that by his grace ye may be perfect in Christ; and if by the grace of God ye are perfect in Christ, ye can in nowise deny the power of God.
The concept of hope plays a vital role in Latter-day Saint thought. Firmly centered in Christ and his resurrection, it is the “hope of eternal life” (Titus 1:2) repeatedly alluded to by Paul. It is the opposite of the despair found among those who are “without Christ, having no hope, and without God in the world” (Eph. 2:12). As the Book of Mormon prophet Moroni writes, “If ye have no hope, ye must needs be in despair” (Moro. 10:22). For those, however, who accept Christ’s Atonement and resurrection, there comes a “brightness of hope” (2 Ne. 31:20) through which all who believe in God “might with surety hope for a better world” (Ether 12:4).
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Regardless of their form, the individual variations of meaning all center on the confidence or trust in God that springs from knowledge that mankind is saved through the Atonement (“for we are saved by hope,” Rom. 8:15). Hence, hope is inseparably connected with faith. Book of Mormon passages add insight to New Testament teachings by expanding on this interactive relationship: “How is it that ye can attain unto faith, save ye shall have hope?” (Moro. 7:40); “hope cometh of faith” (Ether 12:4); “without faith there cannot be any hope” (Moro. 7:42).
In combination with faith, hope leads to knowledge of the truth about Jesus Christ (“if ye have faith, ye hope for things which are not seen, which are true” [Alma 32:21]). It is also an essential attitude for individual salvation (“man must hope, or he cannot receive an inheritance in the place which thou hast prepared” [Ether 12:32]).
James K. Lyon
Hope, The Encyclopedia of Mormonism
And again, if ye by the grace of God are perfect in Christ, and deny not his power, then are ye sanctified in Christ by the grace of God, through the shedding of the blood of Christ, which is in the covenant of the Father unto the remission of your sins, that ye become holy, without spot.