AWS Budgets
In AWS Budgets, you can create budgets to plan your service usage, service costs, and instance reservations.
The information in AWS Budgets updates three times a day. This helps you to accurately determine how close your usage is to your budgeted amounts or to the AWS Free Tier limits.
In AWS Budgets, you can also set custom alerts when your usage exceeds (or is forecasted to exceed) the budgeted amount.
Example: AWS Budgets
Suppose that you have set a budget for Amazon EC2. You want to ensure that your company’s usage of Amazon EC2 does not exceed $200 for the month.
In AWS Budgets, you could set a custom budget to notify you when your usage has reached half of this amount ($100). This setting would allow you to receive an alert and decide how you would like to proceed with your continued use of Amazon EC2.
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