From the course: AWS Certified Advanced Networking - Specialty (ANS-C01) Cert Prep

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AWS Budgets overview

AWS Budgets overview

- [Instructor] In this video we'll explore AWS Budgets and how it can improve an organization's planning and cost control with flexible budgeting and forecasting. Let's get started with a scenario. A startup wants to host its in-house web application on AWS. Due to its limited budget, the startup is looking for a way to set custom budgets to track the costs and usage and receive alerts via email or SNS notifications if the cost exceeds the threshold, AWS budgets can solve this type of scenario. With AWS budgets, you can track your costs, usage, and coverage with custom budgets. Stay informed on forecasted spend and resource use. Create custom actions to prevent overages, inefficient resource use or lack of coverage. You start by creating a budget to customize how you want to budget your spend. Get alerted by receiving alerts when you exceed your budget. Respond with actions by defining and initiating cost saving responses to…

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