Therefore, since we have been justified by faith, we have peace with God through our Lord Jesus Christ. Through him we have also obtained access by faith into this grace in which we stand, and we rejoice in hope of the glory of God. Romans 5:1–2, ESV
What is the difference between faith and hope? Are they the same thing? They are not the same, but they are two sides of the same coin. If I want my old College to win in football against our biggest rival that is hope. On the other hand, if I believe it will happen then it is faith. With this faith, my hope is enhanced. It becomes active.
On the other hand, if I have little faith that it will happen then my hope becomes simply wishful thinking. What about our faith through which we are saved by grace? Is this faith simply working up enough belief so that our hope becomes strong, or is there more to it than that?