AWS Budgets

wikipedia:AWS Budgets (Jun 2015) allows you to set custom budgets to track your cost and usage from the simplest to the most complex use cases.

• aws budgets

Changelog

• Apr 2021 CloudFormation support: https://aws.amazon.com/about-aws/whats-new/2021/04/aws-budgets-announces-cloudformation-support-for-budget-actions/

Types of budgets

https://docs.aws.amazon.com/cost-management/latest/userguide/budgets-managing-costs.html

• Cost budgets – Plan how much you want to spend on a service.

• Usage budgets – Plan how much you want to use one or more services.

• RI utilization budgets – Define a utilization threshold and receive alerts when your RI usage falls below that threshold. This lets you see if your RIs are unused or under-utilized.

• RI coverage budgets – Define a coverage threshold and receive alerts when the number of your instance hours that are covered by RIs fall below that threshold. This lets you see how much of your instance usage is covered by a reservation.

• Savings Plans utilization budgets – Define a utilization threshold and receive alerts when the usage of your Savings Plans falls below that threshold. This lets you see if your Savings Plans are unused or under-utilized.

• Savings Plans coverage budgets – Define a coverage threshold and receive alerts when your Savings Plans eligible usage that is covered by Savings Plans fall below that threshold. This lets you see how much of your instance usage is covered by Savings Plans.

Pricing

AWS Budgets Reports allow you to monitor the performance of your budget portfolio on a daily, weekly, or monthly basis by receiving an emailed report. Each report delivered will incur a cost of $0.01.

Related terms

• AWS Service Quotas (Jun 2019)
• AWS Budgets Actions (Oct 2020)
• AWS Cost Anomaly Detection (Dec 2020 )

See also

• AWS Budgets: aws budgets [ create-budgets | describe-budgets ]
• AWS Cost: AWS Free Tier, AWS Cost Explorer, AWS Cost Anomaly Detection, AWS Service Quotas, AWS Budgets: AWS Budgets Actions, AWS Cost related services, Reserved Instances (RI), AWS Savings Plans, AWS Billing and Cost Management console, AWS Storage costs, rightsizing recommendation, AWS Cost and Usage Reports (AWS CUR), AWS savings, AWS Compute Optimizer

https://aws.amazon.com/about-aws/whats-new/2015/06/aws-introduces-budgets-a-simple-way-to-manage-your-aws-costs/

https://aws.amazon.com/about-aws/whats-new/2020/10/announcing-aws-budgets-actions/

https://aws.amazon.com/blogs/aws-cloud-financial-management/announcing-general-availability-of-aws-cost-anomaly-detection/