Cutting costs on forecasting models while maintaining quality requires strategic adjustments. Focus on optimizing existing models by refining algorithms and parameters to enhance accuracy. Utilize open-source tools and platforms to reduce expenses without compromising performance. Leverage historical data and advanced analytics to improve model predictions. Implement continuous monitoring to identify and address any deviations promptly. Encourage cross-functional collaboration to gather diverse insights and validate forecasts. Invest in training your team to maximize the efficiency of the tools at hand. By being resourceful and strategic, you can maintain high-quality forecasts within budget constraints.