Budgeting vs spending plan

I feel that at first, you should set aside the amount you want to save, then with the rest portion, set up a spending plan.

The basic difference which I find between budgeting and a spending plan is that a budget has limitations. When you set up a budget, you impose restriction on your expenses. But when you create a spending plan, there is a room for flexibility. You can prioritize your expenses so that the most essential funding priorities are met.

Budgeting means, you are creating a list of expenses for the whole month. And spending plan is you are determining how much you are required to spend on each category in your budget.