Question 2 Answer.
We should rejoice because this builds up character, a strong Christian character.
Perserverance. Once again this will determin wether we are quitters or winners. I firmly believe that God would never give us more than we could endure. So we have to perservere to the end, this will build up Godly character in us.
Tried Character is built up through persevering through the troubles and temptations of life. How we respond to situations and events, is all character building, doing it God's way is making us more Christ like.
Hope is something we need in our lives, it is trusting (hoping) for by Faith that we will be awarded the desires of our heart by God. All things are possible with faith, faith the size of a mustard seed can move a mountain.