It's been covered here,what Grace means...indeed. For me,it is an overwhelming knowledge of who & what Jesus is & has done & continues to do in & for me. That Grace has reached down & touched my heart in ways unimaginable. It gives me a confidence & a hope...which produces faith. With that faith I can in confidence expect God to move in my life exceedingly more than my mind can dream.
I find it so sad,that many have tried to use God's Grace through Christ as a license to justify sin. His Grace has freed us from that bondage. That's why it's so important to renew our minds daily & take hold of that truth that is who we are in Christ Jesus!