Meaning of the word "there but for the grace of God go I" in English

What does "there but for the grace of God go I" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

there but for the grace of God go I

US /ðɛr bʌt fɔːr ðə ɡreɪs ʌv ɡɑːd ɡoʊ aɪ/
UK /ðɛə bʌt fɔː ðə ɡreɪs ɒv ɡɒd ɡəʊ aɪ/
"there but for the grace of God go I" picture

Idiom

used to say that you could easily find yourself in the same bad situation as someone else if you had not been lucky

Example:
When I see a homeless person on the street, I think, 'There but for the grace of God go I.'
He realized that after the accident, there but for the grace of God go I.