Budgeting vs Forecasting: What’s the Difference, and Why Do You Need Both?

Budgeting vs Forecasting: What’s the Difference, and Why Do You Need Both?

Hayley Baxter
Published on: 11/08/2025

Ever wondered whether you should be budgeting… forecasting… or doing both? Let’s clear it up. Both budgeting and forecasting help you feel more in control of your finances — but they’re not the same.

Accounting