Only in a formal sense. That is, it manifests in ceremony that which really does procure salvation. It declares by a means of physical likeness that which redeems. Keep reading - not the removal of dirt from the flesh (that is, not as an outward, physical act which washes dirt from the body--that is not what saves you), "but an appeal to God for a good conscience, through the resurrection of Jesus Christ" (that is, as an inward, spiritual transaction between God and the individual, a transaction that is symbolized by the outward ceremony of water baptism). Peter guards against giving saving power to the physical ceremony itself.Beckworth said: Saved by BAPTISM, 1 Peter 3:21,
Grace (God's unmerited favor) is God's part, and faith in Jesus Christ alone for salvation is our part. Romans 5:1 - Therefore, having been justified by faith, we have peace with God through our Lord Jesus Christ, 2 through whom also we have access by faith into this grace in which we stand, and rejoice in hope of the glory of God.Saved by GRACE, Ephesians 2:8,
Biblical hope is not a cross your fingers kind of hope. Unlike the English word "hope," the N.T. word contains no uncertainty; it speaks of something that is certain. - Strong's #1680 elpís (from elpō, "to anticipate, welcome") – properly, expectation of what is sure (certain); hope.Saved by HOPE, Romans 8:24
Strong's Greek: 1680. ἐλπίς (elpis) -- expectation, hope
If we have saving faith in Jesus Christ, then we have this hope. Faith is the substance of things hoped for.. (Hebrews 11:1). So that being justified by His grace we would be made heirs according to the hope of eternal life. (Titus 3:7) You can't have one without the other. Hope (just like trust) is an aspect of faith and is not an additional requirement for salvation.
Mercy is God's part and is contrasted with not being saved by works of righteousness which we have done. God’s mercy not only forgives but also withholds the punishment we deserve.Saved by MERCY, Titus 3:5
Acts 4:12 - Neither is there salvation in any other: for there is no other name under heaven given among men, whereby we must be saved.Saved by the NAME OF JESUS,
We are not passive in persevering in our faith, but it's not in our own power that we persevere. (1 Corinthians 1:8; 2 Corinthians 1:21-22; 1 Peter 1:5) God alone saves, but "in a sense" we save ourselves and others through perseverance in sound doctrine, as we continue to believe the gospel and are used as God's instruments to bring about the salvation of others through preaching the gospel to them as well. If you fell into a well with no way out and someone threw down and rope and pulled you out, "in a sense" you can say that you "saved yourself" by choosing to grab and hold onto the rope until that person pulled you out, but ultimately, the person who pulled you out of the well saved you and ultimately, it is Jesus Christ who saves us.Saved by continuing in the DOCTRINE, 1 Tim 4:16
Through His blood is an expression pointing to the totality of Christ's atoning work as a sacrifice for sin. The word "cross" is used similarly to refer to the whole atoning work of Christ on the cross. (1 Corinthians 1:18; Galatians 6:12,14; Ephesians 2:16)Saved by the BLOOD of CHRIST, Col. 1:14