Planning vs Forecasting: Four Key Differences
Jet Global
DECEMBER 30, 2021
Many people use terms like “planning,” “forecasting,” “budgeting,” and “financial projection” somewhat interchangeably. When it comes to a plan vs forecast in particular, the line can be blurry. Let’s look at four key features that distinguish financial planning from forecasting: 1. Planning Is Aspirational, Whereas Forecasting Is Driven by Expectations.
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