In this paper I compare and contrast Natorp’s and Husserl’s philosophies as to their programmatic and systematic profiles. I will begin by giving an assessment of their relationship and mutual influence, something that many scholars believe had been done exhaustively in Kern’s initial study of 1964 on the relation between Husserl and Kant and the neo-Kantians. Indeed, this topic – in general, the relation between phenomenology and „critical“ philosophy – deserves a new look now that more material has appeared in the Husserliana, forcefully demonstrating the „transcendental Husserl“ and the Kantian influence on his phenomenology, and given the overall growing interest in neo-Kantianism. I will show that, despite fundamental differences in their philosophical outlooks, Natorp and Husserl share the same principal premise as to the relation between life, science and philosophy, and thus the role of philosophy itself in the midst of „culture“ and „lifeworld“ respectively. Hence, the similarities between Natorp’s Marburg School neo-Kantianism and Husserl’s transcendental phenomenology outweigh the differences, opening up new avenues to pursue transcendental philosophy.