Hope is built upon faith. Faith is that by which we know God exists, that we are Elect, and that we are loved by Him. Faith is also that by which we walk, live righteously, and are sanctified. By faith we are justified before ourselves. But faith also is the substance (hupostasis) of things hoped for (Heb. 11:1). Hope is much more than the modern definition and usage of the word (a wish or desire). Scriptures call Hope the anchor of the soul (Heb 6:18 That by two immutable things, in which it was impossible for God to lie, we [that is, the author and Hebrew audience of the epistle] might have a strong consolation, who have fled for refuge to lay hold upon the hope set before us: 19 Which hope we have as an anchor of the soul, both sure and stedfast, and which entereth into that within the veil;). Paul says we are saved by Hope (Ro. 8:24). He also prays that we may given the spirit of the truly revealed wisdom in the detailed knowledge (epiginosko) of him, that the eyes of our understanding would be enlightened, that we may know (eido 1492, know by perception) what is the Hope of His calling (Eph. 1:18). Peter tells his audience to be ready always to give an answer to every man that asks them a reason of the hope that is in them (1Pe. 3:15). John says of his hope that every man that has it in him purifies himself (1Jn. 3:3).
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