Do We Need Both Grace & Mercy?

I have often been confused as to the difference between Grace and Mercy. Do we need both? What do they mean?

I found this definition:

Grace is receiving what you don’t deserve;

Mercy is not receiving what you do deserve.    

Example:

Grace – waking up this morning;

Mercy – not getting hit by a car that you cut off; not having a house fire when you left a candle burning all night

Merriam-Webster defines:

Grace as “unmerited divine assistance given humans for their regeneration or sanctification; a virtue coming from God; a special favor: privilege; disposition to or an act or instance of kindness, courtesy, or clemency; a temporary exemption: reprieve; “

Mercy is “kind or forgiving treatment of someone who could be treated harshly; kindness or help given to people who are in a very bad or desperate situation; compassion or forbearance shown especially to an offender or to one subject to one's power; also : lenient or compassionate treatment ; a blessing that is an act of divine favor or compassion”    www.merriam-webster.com

Question: "What is the difference between Mercy and Grace?"

Answer: Mercy and grace are often confused. While the terms have similar meanings, grace and mercy are not the same. To summarize the difference: mercy is God not punishing us as our sins deserve, and grace is God blessing us despite the fact that we do not deserve it. Mercy is deliverance from judgment. Grace is extending kindness to the unworthy.

According to the Bible, we have all sinned (Ecclesiastes 7:20; Romans 3:23; 1 John 1:8). As a result of that sin, we all deserve death (Romans 6:23) and eternal judgment in the lake of fire (Revelation 20:12-15). With that in mind, every day we live is an act of God's mercy. If God gave us all what we deserve, we would all be, right now, condemned for eternity.

We deserve nothing from God. God does not owe us anything. Anything good that we experience is a result of the grace of God (Ephesians 2:5). Grace is simply defined as unmerited favor. God favors, or gives us good things that we do not deserve and could never earn. Rescued from judgment by God's mercy, grace is anything and everything we receive beyond that mercy (Romans 3:24). Common grace refers to the sovereign grace which God bestows on all of mankind regardless of their spiritual standing before Him, while saving grace is that special dispensation of grace whereby God sovereignly bestows unmerited divine assistance upon His elect for their regeneration and sanctification.

Mercy and grace are best illustrated in the salvation that is available through Jesus Christ. We deserve judgment, but if we receive Jesus Christ as Savior, we receive mercy from God and we are delivered from judgment. Instead of judgment, we receive by grace salvation, forgiveness of sins, abundant life (John 10:10), and an eternity in Heaven, the most wonderful place imaginable (Revelation 21-22). Because of the mercy and grace of God, our response should be to fall on our knees in worship and thanksgiving. Hebrews 4:16 declares, "Let us then approach the throne of grace with confidence, so that we may receive mercy and find grace to help us in our time of need." http://www.gotquestions.org/mercy-grace.html#ixzz37TsVQiLI

The Bible says:

Hebrews 4:16 (NKJV): “Let us therefore come boldly to the throne of grace, that we may obtain mercy and find grace to help in time of need.”

2 John 1:3 (NKJV): “Grace, mercy, and peace will be with you[a] from God the Father and from the Lord Jesus Christ, the Son of the Father, in truth and love.

I am full of gratitude that the Lord extends me both Grace & Mercy. I know I need them both. Do You??