I'll tell again what v.8 really says.
First, in the Greek, genders must match. The word "it" is feminine gender and "saved" is feminine gender. The word "faith" is masculine. So you may cease thinking that "it" refers back to faith. It doesn't.
This is the verse:
For it is by grace you have been saved through faith, and this (salvation) is not from yourselves; it (salvation) is the gift of God.
Receiving a gift in NO WAY suggests or says that the recipient earned the gift. In fact, the very definition of "gift" means an unearned gift.
We don't work for gifts. We DO work for wages. As Rom 4:4,5 clearly explains.
(Edited)
First, I would like to thank you for provoking me to look deeper into that which I only had cursory knowledge in what I believe to be Biblical truths. The Bible is the source of all truth, and we all have the Holy Spirit as a guide to understand. So, too, did the ancient church fathers and the reformers, et alia, have as their guide God the Holy Spirit.
Though you repeatedly do, I do not call myself a "Calvinist." I do agree with some of what John Calvin taught. I also believe true some of what Arminus taught, and what Augustine taught, and what many other learned church fathers and theologians taught. The Holy Spirit leads and guides teachers and preachers and laymen alike.
I admit I am a work in progress in regard to gaining a fuller understanding of the depraved and wholly corrupt nature of man, the sovereign election of God, the offer of God's effectual grace, the original purpose of God and HIS plan of salvation by sending the Son to die on the cross for the definite redemption of the predestinated elect, and the perseverance of or, I think better put, the preservation of the saints.
Because we are all spiritually dead from sin, we are all delivered unto disobedience by God. God gave us over to disobedience, and did so to every human being, none are exempt, we are all wholly disobedient. A disobedient does not on their own one day decide to come to faith in order to be saved from their wretched disobedience. No, a disobedient is provoked by God's grace and mercy, is offered the gifts called salvation and faith, whereby some respond (the predestinated elect) and some do not respond (the reprobates).
Romans 11:32 "For God has consigned all to disobedience, that he may have mercy on all."
Notice it says "may" and does not say "will."
Romans 11:33 "Oh, the depth of the riches and wisdom and knowledge of God! How unsearchable are his judgments and how inscrutable his ways!"
God's ways, not men's ways.
Romans 11:34-36 “For who has known the mind of the Lord,
or who has been his counselor?”
Or who has given a gift to him
that he might be repaid? For from him and through him and to him are all things. To him be glory forever. Amen."
We don't counsel God by deciding on our own one day to come to faith. All things means all things, which means that from and through and to HIM are we gifted salvation and faith. For if we say "Today I am going to put my faith in God ", we are saying "If it weren't for my sovereign decision to choose God, God never would have saved me." Scripture teaches God gifts us salvation and faith by HIS sovereign Grace, and not from any effort or sovereign decision on our part.
When God by HIS sovereign grace gifts us with faith and salvation, God provokes our soul. To the predestinated elect who respond, all we do is say "Yes, Lord, save me." To the reprobates that don't respond, God gives them over to reprobate minds that they remain in complete disobedience.