Yes, it is by grace that we are saved. Particularly by the very privileges that we live far beneath. Those are the graces that are meant to save us. Can we read the following verses and believe them?
D&C 76:116 Neither is man capable to make them known, for they are only to be seen and understood by the power of the Holy Spirit, which God bestows on those who love him, and purify themselves before him;
117 To whom he grants this privilege of seeing and knowing for themselves;
118 That through the power and manifestation of the Spirit, while in the flesh, they may be able to bear his presence in the world of glory.
Are these not privileges that knowingly, and without concern, we live far beneath?
Would you and I not be better off to live as “those who love him, and purify themselves before him”. If we did so, would he not do as he says:
D&C 76:117 To whom he grants this privilege of seeing and knowing for themselves;